Tex. Tax Code § 171.0005 · Subchapter A. DEFINITIONS; TAX IMPOSED
DEFINITION OF NEW VETERAN-OWNED BUSINESS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) A taxable entity is a new veteran-owned business only if the taxable entity is a new business in which each owner is a natural person who:
(1) served in and was honorably discharged from a branch of the United States armed forces; and
(2) provides verification to the comptroller of the person's service and discharge required by Subdivision (1).
(b) The Texas Veterans Commission shall provide to a person who meets the requirements of Subsection (a)(1) written verification of that status in a form required by the comptroller. The comptroller shall adopt rules prescribing the form and content of the verification and the manner in which the verification may be provided to the comptroller.
(c) For purposes of Subsection (a), a new business is a taxable entity that:
(1) is chartered or organized or otherwise formed in this state; and
(2) first begins doing business in this state on or after January 1, 2022.
Notes and commentary — not statutory text
History
Added by Acts 2021, 87th Leg., R.S., Ch. 859 (S.B. 938), Sec. 4, eff. January 1, 2022.
Repealed by Acts 2021, 87th Leg., R.S., Ch. 859 (S.B. 938), Sec. 9(2), eff. January 1, 2026.
Amended by:
Acts 2025, 89th Leg., R.S., Ch. 335 (H.B. 346), Sec. 2(3), eff. September 1, 2025.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/TX/htm/TX.171.htm
- Text hash
- sha256 760a4998683f36f3604038c84e0979c0bc26a01cf5cff0d68564e91c311dab99
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
Cited by 3 provisions
Provisions in this library whose text cites Tex. Tax Code § 171.0005. Each shows the citation as that text prints it.
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.