Texas SJR50 proposes a constitutional amendment to prevent the state from imposing taxes on certain securities transactions or entities involved in.

Texas SJR50 proposes a constitutional amendment to prohibit the state legislature from enacting laws that impose an occupation tax on entities involved in securities transactions or a tax on securities transactions themselves. These entities include self-regulatory organizations, financial institutions, brokers, dealers, clearing agencies, transfer agents, exchanges, and other entities regulated by the U.S. Securities and Exchange Commission or the U.S. Commodity Futures Trading Commission.

Texas SJR50 proposes a constitutional amendment to prevent the state from imposing taxes on certain securities transactions or entities involved in.

Texas SJR50 proposes a constitutional amendment to prohibit the state legislature from enacting laws that impose an occupation tax on entities involved in securities transactions or a tax on securities transactions themselves. These entities include self-regulatory organizations, financial institutions, brokers, dealers, clearing agencies, transfer agents, exchanges, and other entities regulated by the U.S. Securities and Exchange Commission or the U.S. Commodity Futures Trading Commission.