S.B. No. 2873 amends Section 111.0626(b-1) of the Texas Tax Code to change the threshold for electronic filing of reports by taxpayers. The bill stipulates that the comptroller may require taxpayers who paid $10,000 or more during the preceding fiscal year to file their reports electronically, replacing the previous threshold of $50,000. Taxpayers have the option to use software provided by the comptroller or commercially available software that meets the comptroller's requirements for electronic filing.

Additionally, the bill clarifies that the changes made do not affect any tax liabilities that accrued before the effective date of the Act, which is set for September 1, 2025. This means that any tax obligations incurred prior to this date will continue to be governed by the former law, ensuring that the collection and enforcement of those taxes remain unchanged.

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