89R8577 CJC-D
By: Campbell S.B. No. 524
A BILL TO BE ENTITLED
AN ACT
relating to the exemption from the franchise tax and certain filing
fees for certain businesses owned by veterans.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. The following provisions are repealed:
(1) Section 3, Chapter 859 (S.B. 938), Acts of the 87th
Legislature, Regular Session, 2021, as effective January 1, 2026,
which amended Section 171.0001(4), Tax Code;
(2) Section 7, Chapter 859 (S.B. 938), Acts of the 87th
Legislature, Regular Session, 2021, as effective January 1, 2026,
which amended Section 171.063(g), Tax Code; and
(3) Section 9, Chapter 859 (S.B. 938), Acts of the 87th
Legislature, Regular Session, 2021, as effective January 1, 2026,
which provided for the repeal of Section 12.005, Business
Organizations Code, and Sections 171.0005, 171.001(d), and
171.204(d), Tax Code.
SECTION 2. This Act takes effect September 1, 2025.