Bill > HB346

This bill modifies the fee structure for expedited commercial and business record searches and filings managed by the Texas Secretary of State. The bill removes existing fixed fee caps for expedited services and instead allows the Secretary of State to prescribe fee amounts with more flexibility. Specifically, the Secretary can now set varying fee schedules based on different types of business organizations, such as corporations, partnerships, and limited liability companies. The bill requires the Secretary of State to publish these fee amounts and the corresponding fee schedule on their official website. This change gives the Secretary more discretion in setting fees to potentially better reflect the actual costs of providing expedited services. Additionally, the bill repeals certain provisions related to previous legislation concerning franchise tax and business organization regulations, with these repeals set to take effect on January 1, 2026. The bill itself will become effective on September 1, 2025, providing time for implementation and preparation by state agencies and businesses.

Business and Industry, Government Affairs

https://capitol.texas.gov/BillLookup/History.aspx?LegSess=89R&Bill=HB346