Texas SB1875 repeals the requirement for certain entities to file public information reports with the comptroller of public accounts.

Texas SB1875 repeals the requirement that certain entities subject to the franchise tax must file a public information report with the comptroller of public accounts. The bill amends the Business Organizations Code and the Tax Code, removing the need for specific entities to submit these reports. It also repeals certain sections of the Property Code and the Tax Code related to these filings. The changes take effect on September 1, 2025.

Texas SB1875 repeals the requirement for certain entities to file public information reports with the comptroller of public accounts.

Texas SB1875 repeals the requirement that certain entities subject to the franchise tax must file a public information report with the comptroller of public accounts. The bill amends the Business Organizations Code and the Tax Code, removing the need for specific entities to submit these reports. It also repeals certain sections of the Property Code and the Tax Code related to these filings. The changes take effect on September 1, 2025.