Bill Text: TX HB4938 | 2023-2024 | 88th Legislature | Introduced
Bill Title: Relating to certain fees for newly formed businesses.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2023-03-23 - Referred to State Affairs [HB4938 Detail]
Download: Texas-2023-HB4938-Introduced.html
| 88R14389 MLH-D | ||
| By: Harris of Williamson | H.B. No. 4938 | |
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| relating to certain fees for newly formed businesses. | ||
| BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
| SECTION 1. Subchapter B, Chapter 405, Government Code, is | ||
| amended by adding Section 405.025 to read as follows: | ||
| Sec. 405.025. ELIMINATION OF FIRST YEAR BUSINESS ENTITY | ||
| FEES. The secretary of state shall, in coordination with | ||
| appropriate state and local governmental entities, work to | ||
| eliminate all fees relating to licensing and registration required | ||
| to be paid by a business entity in the entity's first year of | ||
| business, to the extent authorized by law. | ||
| SECTION 2. This Act takes effect September 1, 2023. | ||
