Texas § TX.171.0005 - DEFINITION OF NEW VETERAN-OWNED BUSINESS
Full text of Texas The Texas Constitution § TX.171.0005 — DEFINITION OF NEW VETERAN-OWNED BUSINESS, with citation guidance and answers to common questions.
§ TX.171.0005. DEFINITION OF NEW VETERAN-OWNED BUSINESS
DEFINITION OF NEW VETERAN-OWNED BUSINESS. (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. 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 Repealed by Acts 2021, 87th Leg., R.S., Ch. 859 (S.B. 938 ), Sec. 9(2), eff.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: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § TX.171.0005
What does The Texas Constitution § TX.171.0005 cover?
Section TX.171.0005 ("DEFINITION OF NEW VETERAN-OWNED BUSINESS") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Texas § TX.171.0005?
A common citation format is "The Texas Constitution § TX.171.0005" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § TX.171.0005 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Texas.