Texas 2025 - 89th Regular

Texas House Bill HB5567 Compare Versions

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11 By: DeAyala H.B. No. 5567
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46 A BILL TO BE ENTITLED
57 AN ACT
68 relating to the methods of submission of business filings;
79 increasing the amount of certain fees.
810 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
911 SECTION 1. Section 4.001, Business Organizations Code, is
1012 amended to read as follows:
1113 (a) A filing instrument must be:
1214 (1) signed by a person authorized by this code to act
1315 on behalf of the entity in regard to the filing instrument; and
1416 (2) delivered to the secretary of state in person or by
1517 mail, courier, [facsimile or] electronic transmission, or any other
1618 [comparable form of delivery] method approved by the secretary of
1719 state.
1820 (b) A person authorized by this code to sign a filing
1921 instrument for an entity is not required to show evidence of the
2022 person's authority as a requirement for filing.
2123 SECTION 2. Section 405.032, Government Code, is amended by
2224 amending Subsections (a)-(c) and adding Subsection (d) to read as
2325 follows:
2426 (a) The secretary of state may set [and collect] a fee not to
2527 exceed $5,000 for the following:
2628 (1) [for] the expedited handling of a certified record
2729 search or expedited filing of a document in the security interest
2830 and financing statement records of the secretary [, a fee of not
2931 more than $15];
3032 (2) [for] the expedited filing or reviewing of a
3133 document relating to a profit or nonprofit corporation,
3234 professional corporation or association, cooperative association,
3335 unincorporated nonprofit association, limited or general
3436 partnership, or limited liability company[, a fee of not more than
3537 $25];
3638 (3) [for] the expedited access or access by electronic
3739 data transmittal processes to data that is stored in state computer
3840 record banks maintained by the secretary, a fee in an amount
3941 reasonable and necessary to cover the costs of establishing and
4042 administering the system. Notwithstanding any other provision of
4143 this code, the secretary of state is authorized to maintain a system
4244 to provide expedited access by electronic data transmittal
4345 processes to all information that is stored in state computer banks
4446 maintained by the secretary of state and that is not classified as
4547 confidential by statute or a court decision; and
4648 (4) [for] the expedited handling of a request for a
4749 certified copy or certificate of fact relating to a profit or
4850 nonprofit corporation, professional corporation or association,
4951 cooperative association, unincorporated nonprofit association,
5052 limited or general partnership, limited liability company, assumed
5153 name, trademark document, or other document filed for public record
5254 with the [corporations section] business filings division of the
5355 office of the secretary of state [, a fee of not more than $10 a copy
5456 or certificate].
5557 (b) If the secretary of state collects a fee under
5658 [Subsection (a)(2)] this section, the secretary of state shall
5759 collect it in advance.
5860 (c) The secretary of state shall deposit the fees in the
5961 state treasury to the credit of the general revenue fund.
6062 (d) For purposes of this section, "expedited handling"
6163 means the processing of a document or order submitted by a person to
6264 the secretary of state as required by the Business Organizations
6365 Code or other law for which the person requires the document or
6466 order to be filed or processed in a time period agreed upon by the
6567 person and the secretary of state, including a processing time of
6668 less than one business day. The secretary of state may decline any
6769 request for expedited handling. If the secretary of state fails to
6870 process the document in a time period agreed upon by the person and
6971 the secretary of state, the secretary of state shall refund to the
7072 person the expedited handling fee.
7173 SECTION 3. Section 4.001, Business Organizations Code, as
7274 amended by this Act, applies only to a filing instrument delivered
7375 to the secretary of state on or after the effective date of this
7476 Act. A filing instrument delivered before the effective date of
7577 this Act is governed by the law in effect on the date the filing
7678 instrument was delivered to the secretary of state, and the former
7779 law is continued in effect for that purpose.
7880 SECTION 4. Section 405.032, Government Code, as amended by
7981 this Act, applies only to the processing of an expedited handling
8082 submitted on or after the effective date of this Act. An expedited
8183 handling submitted before the effective date of this Act is
8284 governed by the law in effect on the date the application was
8385 submitted, and the former law is continued in effect for that
8486 purpose.
8587 SECTION 5. Section 4.001, Business Organizations Code, as
8688 amended by this Act, takes effect immediately if it receives a vote
8789 of two-thirds of all the members elected to each house, as provided
8890 by Section 39, Article III, Texas Constitution. If this Act does
8991 not receive the vote necessary for immediate effect, Section 4.001,
9092 Business Organizations Code, as amended by this Act, shall take
9193 effect September 1, 2025.
9294 SECTION 6. Section 405.032, Government Code, as amended by
9395 this Act, shall take effect January 1, 2026.