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Enrolled Bill Summary

Enrolled Bill Summary

Legislative Session: 87(R)

Senate Bill 938

Senate Author:  Campbell et al.

Effective:  See below

House Sponsor:  Holland


            Senate Bill 938 amends the Business Organizations Code and Tax Code to establish a temporary filing fee waiver and franchise tax exemption for a new veteran‑owned business for an initial period of operation. The bill takes effect January 1, 2022, except that effective January 1, 2026, the bill repeals the new provisions and restores previous statutory language.