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A BILL TO BE ENTITLED
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AN ACT
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relating to the franchise tax, franchise tax rates and computation; |
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alternative revenue sources and spending priorities for this state; |
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certain taxes affecting businesses; making an appropriation; |
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providing penalties. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. The administration of the franchise tax and |
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other state taxes including all aspects of taxation shall be |
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efficient, equitable, and provide sufficient revenue to fund the |
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priorities of state government. |