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SB 938, 87th R.S.
Relating to an exemption from the franchise tax and certain filing fees for certain businesses owned by veterans during an initial period of operation in the state.

Last action: See remarks for effective date

Author: Donna Campbell
Joint Author: Roland Gutierrez | Bob Hall | Beverly Powell
Coauthor: Sarah Eckhardt | Juan Hinojosa | Judith Zaffirini
Sponsor: Justin Holland

Remarks: This Act takes effect January 1, 2022, except Sections 3, 7, and 9 take effect January 1, 2026.

Session Law Chapter:
Acts 2021, 87th R.S.,ch. 859, General and Special Laws of Texas

Signed legislation

Companion:

HB 1671 (Identical)

Bill Analyses:
Committee Report (TLC)
Enrolled (Senate Research Center)
Introduced (Senate Research Center)
Committee Report (Senate Research Center)
Committee Report (House Research Organization)

Subjects:
Business & Commerce--General
COMPTROLLER OF PUBLIC ACCOUNTS
Military & Veterans
SECRETARY OF STATE
Taxation--Franchise
VETERANS COMMISSION, TEXAS

House Committee: Ways & Means (Morgan Meyer, Angie Button, Sheryl Cole, R. D. "Bobby" Guerra, Trey Martinez Fischer, Jim Murphy, Candy Noble, Eddie Rodriguez, Scott Sanford, Hugh Shine, Shawn Thierry)
Minutes: May 10 2021
Senate Committee: Finance (Joan Huffman, Jane Nelson, Paul Bettencourt, Dawn Buckingham, Donna Campbell, Brandon Creighton, Kelly Hancock, Juan Hinojosa, Bryan Hughes, Lois Kolkhorst, Eddie Lucio, Jr., Robert Nichols, Charles Perry, Charles Schwertner, Larry Taylor, Royce West, John Whitmire)
Minutes: April 7 2021

Index to Sections Affected

Texas Legislature Online


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