Relating to the repeal of the requirement that certain entities subject to the franchise tax must file a public information report with the comptroller of public accounts.
SB 1875 repeals a requirement for certain businesses subject to Texas' franchise tax to file a public information report with the comptroller of public accounts. This bill directly affects businesses that pay franchise tax, removing an administrative reporting obligation they previously had to submit to the comptroller. The key mechanism is amending the Business Organizations Code to eliminate the filing requirement, simplifying compliance for these entities. The bill focuses on reducing bureaucratic paperwork without changing tax rates or creating new obligations.
Bill status
in committee
1 of 4 stages cleared
Introduction
Mar 2025
Committee Review
Floor Vote
Governor
Introduced Mar 4, 2025
Last action Mar 17, 2025
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
4
Key actions
0
Committee
1
Mar 17, 2025
Committee
Referred to Business & Commerce
upper
Mar 17, 2025
Introduced
Read first time
upper
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Charles Perry
RRepublican
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