TX SB1875

Repeals the requirement under Section 171.203 of the Tax Code that entities subject to the Texas franchise tax must file a public information report with the comptroller of public accounts

Removes references to the public information report from Property Code provisions governing affidavits used to verify authority for real property transfers by business entities

Amends Business Organizations Code to allow the secretary of state to require periodic reports from limited partnerships regardless of their public information report filing status with the comptroller

Eliminates public inspection requirements for information contained in reports previously required under Sections 171.203 and 171.2035 of the Tax Code, while maintaining public access to tax lien documents

Takes effect September 1, 2025