Texas · 89th Legislature (2025) · Bill

SB 1058: Relating to the exclusion of certain securities transaction payments from the total revenue of a taxable entity that is a registered securities market operator.

Enacted Last action May 13, 2025: Effective on 1/1/26

Plain-language summary

SB 1058 is a bill introduced in the Texas Senate on February 3, 2025. According to its official title, it concerns: Relating to the exclusion of certain securities transaction payments from the total revenue of a taxable entity that is a registered securities market operator. Primary sponsor: Tan Parker (Republican), Giovanni Capriglione (Republican), Angie Button (Republican). It lists 2 additional sponsors. Most recent recorded action (May 13, 2025): Effective on 1/1/26.

Sponsors

Primary sponsors: Tan Parker (Republican); Giovanni Capriglione (Republican); Angie Button (Republican). 2 co-sponsors.