Amend HB 213 (house committee printing) as follows:
(1) Add the following appropriately numbered SECTION to the bill and renumber subsequent SECTIONS of the bill accordingly:
SECTION ____. (a) Effective January 1, 2016, Section 171.002(d), Tax Code, as amended by Section 1(a), Chapter 286 (HB 4765), Acts of the 81st Legislature, Regular Session, 2009, is amended to read as follows:
(d) A taxable entity is not required to pay any tax and is not considered to owe any tax for a period if:
(1) the amount of tax computed for the taxable entity is less than $1,000; or
(2) the amount of the taxable entity's total revenue from its entire business is less than or equal to $5 [$1] million or the amount determined under Section 171.006 per 12-month period on which margin is based.
(b) Effective January 1, 2018, Section 171.002(d), Tax Code, as amended by Section 1(a), Chapter 286 (HB 4765), Acts of the 81st Legislature, Regular Session, 2009, is amended to read as follows:
(d) A taxable entity is not required to pay any tax and is not considered to owe any tax for a period if:
(1) the amount of tax computed for the taxable entity is less than $1,000; or
(2) the amount of the taxable entity's total revenue from its entire business is less than or equal to $10 [$1] million or the amount determined under Section 171.006 per 12-month period on which margin is based.
(c) Effective January 1, 2020, Section 171.002(d), Tax Code, as amended by Section 1(a), Chapter 286 (HB 4765), Acts of the 81st Legislature, Regular Session, 2009, is amended to read as follows:
(d) A taxable entity is not required to pay any tax and is not considered to owe any tax for a period if:
(1) the amount of tax computed for the taxable entity is less than $1,000; or
(2) the amount of the taxable entity's total revenue from its entire business is less than or equal to $15 [$1] million or the amount determined under Section 171.006 per 12-month period on which margin is based.
(d) Effective January 1, 2022, Section 171.002(d), Tax Code, as amended by Section 1(a), Chapter 286 (HB 4765), Acts of the 81st Legislature, Regular Session, 2009, is amended to read as follows:
(d) A taxable entity is not required to pay any tax and is not considered to owe any tax for a period if:
(1) the amount of tax computed for the taxable entity is less than $1,000; or
(2) the amount of the taxable entity's total revenue from its entire business is less than or equal to $20 [$1] million or the amount determined under Section 171.006 per 12-month period on which margin is based.
(e) This section applies only to a report originally due on or after January 1, 2016.
(2) On page 2, line 6, strike "This" and substitute "Except as otherwise provided by this Act, this".