The digital content on TLO has been updated to align with the accessibility standards required by WCAG 2.1.

Enrolled Bill Summary

Enrolled Bill Summary

Legislative Session: 86(R)

Senate Bill 1824

Senate Author:  Perry

Effective:  6-4-19

House Sponsor:  Murphy

            Senate Bill 1824 amends the Tax Code to require a taxable entity that is a performing rights society that licenses the public performance of nondramatic musical works on behalf of a copyright owner to exclude from its total revenue when determining taxable margin for franchise tax purposes payments made to the public performance rights holder and the copyright owner.