Principle Criteria
Free Enterprise
Property Rights
Personal Responsibility
Limited Government
Individual Liberty
Digest
HB 1508 repeals the franchise tax under Chapter 171 of the Texas Tax Code, effective January 1, 2026. It maintains provisions for audits, deficiencies, and other administrative processes for taxes accrued prior to its repeal. The bill aims to eliminate the requirement for taxable entities to file franchise tax reports or pay taxes after the repeal.
Author (1)
Contact the Author
Rep. William Metcalf
Capitol Phone:
(512) 463-0726
Capitol Office:
CAP 1N.12
E-Mail:
