Enrolled Bill Summary

House Bill 2896	House Author:  Parker et al.
Effective:  1-1-18	Senate Sponsor:  Bettencourt

            House Bill 2896 amends Tax Code provisions governing the calculation of an entity's taxable margin under the franchise tax to require a taxable entity that is a broadcaster to include in the numerator of the broadcaster's apportionment factor receipts arising from licensing income from broadcasting or otherwise distributing film programming by any means only if the legal domicile of the broadcaster's customer is in Texas.