SB1481 — Relating to the exemption from the franchise tax and certain filing fees for certain businesses owned by veterans during an initial period of operation in the state.

SB1481 — Relating to the exemption from the franchise tax and certain filing fees for certain businesses owned by veterans during an initial period of operation in the state. · Informed CitizenrySB 1481 amends the Tax Code to establish rules for franchise tax exemptions and filing fee exemptions for new veteran-owned businesses in Texas. The bill defines a 'new veteran-owned business' as a…Open in Informed Citizenry