An entity formed under the laws of another state does not qualify for this exemption. Each owner of the entity to be formed must be a natural person who was honorably discharged from a branch of the United States armed forces. To be eligible, a business must be formed in Texas on or after January 1, 2022.
#TEXAS LEGISLATIVE SESSION 2021 CODE#
Senate Bill 938 (PDF) (effective Janu– December 31, 2025): SB 938 amends the BOC to provide an exemption from filing fees imposed under subchapter D of chapter 4 of the BOC and franchise taxes under Chapter 171 of the Tax Code for new veteran-owned businesses during the first five years of operation. Revised forms with a revision date of 12/21 are posted on the business and nonprofit forms web page.
Secretary of State Certificate of Formation forms (forms 201-207) have been revised to include the additional statutory requirement. The initial mailing address as stated in an entity’s certificate of formation will be the initial contact address used by the Comptroller of Public Accounts for purposes of sending the entity tax information and Comptroller correspondence. House Bill 3131 (PDF) (effective January 1, 2022): HB 3131 amends section 3.005(a) of the BOC to require a certificate of formation of a domestic filing entity to include the entity’s initial mailing address. For information on the secretary of state’s human trafficking prevention business partnership, please visit the secretary of state’s web page. The secretary of state is required to inform participating corporations and other private entities of the opportunity to support the trafficked persons program account established under new Section 50.0153 of the Health and Safety Code, by making a donation to that account.įor more information on the trafficked persons program account and on making a donation to that account, please visit the Health and Human Services Commission’s website. HB 2633 also amends Chapter 4 of the Government Code with respect to the secretary of state’s responsibility for establishment of the human trafficking prevention business partnership program.
House Bill 2633 (PDF) (effective September 1, 2021): HB 2633 amends the Health and Safety Code to establish the trafficked persons program account as a General Revenue-Dedicated Account and requires the Health and Human Services Commission to administer the account. The secretary of state is required to adopt rules and prescribe procedures to implement new sections 5.064 and 5.065.Įmergency rules were published in the Decemissue of the Texas Register. Section 5.065 also authorizes the attorney general to bring an action in the name of the state for injunctive relief to require compliance. Section 5.065 outlines procedures to be followed by the secretary of state after receipt of the governmental entity’s written request/notification, and permits the secretary of state, after consultation with the attorney general, to notify the entity and take further action, including requiring the entity to submit a filing instrument to amend the entity’s name after a final determination by the secretary that the entity’s name falsely implies a governmental affiliation. New section 5.065 enables a governmental entity to send written notification to the secretary of state when the governmental entity believes that an entity name filed by the secretary of state is in violation of section 5.064. New Section 5.064 further provides that the submission of a filing instrument is an affirmation by the organizer or by a managerial official named in the filing instrument that the name provided as the name of the filing entity does not falsely imply an affiliation with a governmental entity. Section 5.064 codifies a secretary of state administrative rule that prohibits an entity name that may falsely imply governmental affiliation.
House Bill 1493 (PDF) (effective September 1, 2021): HB 1493 amends chapter 5 of the Business Organizations Code to add new sections 5.064 and 5.065. The following bills, which were passed during the Regular Session of the 87th Legislature, impact procedures, filings, or other duties and responsibilities of the Texas Secretary of State, Business & Commercial Filings Section. SOSDirect: Business Searches & Formations.
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