Amend CSHB 4 on page 21, line 14, by inserting the following
after the period:
a taxable entity that is not required to file documents with the
Secretary of State prior to enactment of this act as a part of the
taxable entity's organization process, may elect not to file a tax
return otherwise required under this section provided that the
taxable entity did not owe tax under any provision of this section
for the current year and the two preceding years. This exemption to
filing does not apply to any year in which the taxable entity would
owe tax under any provision of this section.