Enrolled Bill Summary

House Bill 2126	House Author:  Button
Effective:  1-1-18	Senate Sponsor:  Birdwell

            House Bill 2126 amends the Tax Code to clarify that, for purposes of determining the franchise tax rate applicable to a taxable entity that is primarily engaged in retail or wholesale trade but does not provide retail or wholesale utilities, including telecommunications services, the provision of telecommunications services does not include selling telephone prepaid calling cards.