TX HB5471

Lowers the threshold for mandatory electronic tax report filing from $50,000 to $10,000 in taxes paid during the preceding fiscal year

Authorizes the comptroller to require taxpayers meeting the new $10,000 threshold to file reports electronically during the current fiscal year

Allows taxpayers to use either comptroller-provided software or commercially available software that meets comptroller requirements for electronic filing

Specifies that the change does not affect tax liability accrued before the effective date, with former law continuing to apply to collection and enforcement of pre-existing tax obligations

Takes effect September 1, 2025