SB66 — Relating to the decrease of the rates of the franchise tax under certain circumstances and the expiration of that tax.

SB66 — Relating to the decrease of the rates of the franchise tax under certain circumstances and the expiration of that tax. · Informed CitizenryThe bill amends the Tax Code regarding franchise tax rates and establishes a mechanism for adjusting those rates based on state revenue projections. Under Section 1, the general rate of the franchi…Open in Informed Citizenry