| Old | New | Differences | |
|---|---|---|---|
| 1 | 1 | 89R3217 JBD-D | |
| 2 | 2 | By: Harrison H.B. No. 2577 | |
| 3 | 3 | ||
| 4 | 4 | ||
| 5 | 5 | ||
| 6 | 6 | ||
| 7 | 7 | A BILL TO BE ENTITLED | |
| 8 | 8 | AN ACT | |
| 9 | 9 | relating to the contents of a notice provided to a taxable entity | |
| 10 | 10 | that fails to file a franchise tax report when due. | |
| 11 | 11 | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | |
| 12 | 12 | SECTION 1. Subchapter E, Chapter 171, Tax Code, is amended | |
| 13 | 13 | by adding Section 171.213 to read as follows: | |
| 14 | 14 | Sec. 171.213. NOTICE OF FAILURE TO TIMELY FILE REPORT. A | |
| 15 | 15 | notice sent to a taxable entity may not state that the taxable | |
| 16 | 16 | entity is required to pay a specific amount of franchise tax based | |
| 17 | 17 | solely on the taxable entity's failure to file a report under this | |
| 18 | 18 | subchapter when due. | |
| 19 | 19 | SECTION 2. This Act takes effect immediately if it receives | |
| 20 | 20 | a vote of two-thirds of all the members elected to each house, as | |
| 21 | 21 | provided by Section 39, Article III, Texas Constitution. If this | |
| 22 | 22 | Act does not receive the vote necessary for immediate effect, this | |
| 23 | 23 | Act takes effect September 1, 2025. |