SB1058 — Relating to the exclusion of certain securities transaction payments from the total revenue of a taxable entity that is a registered securities market operator.

SB1058 — Relating to the exclusion of certain securities transaction payments from the total revenue of a taxable entity that is a registered securities market operator. · Informed CitizenrySB 1058 amends the Tax Code to exclude certain transaction rebate payments from the total revenue of taxable entities for the purposes of the franchise tax. Specifically, the bill provides that if…Open in Informed Citizenry