Texas · Senate Bill 1058 · 89th Legislature, Regular Session

Relating to the exclusion of certain securities transaction payments from the total revenue of a taxable entity that is a registered securities…

SB 1058 Sponsored by Tan Parker Became law

  1. Introduced Feb 3, 2025
  2. In committee Feb 24, 2025
  3. Passed the Senate Apr 10, 2025
  4. Passed the House Apr 29, 2025
  5. To the governor May 1, 2025
  6. Became law May 13, 2025

What it does

The legislature's own summary of the bill, or its official long title.

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

Every action

49 steps, oldest first, as the legislature records them.

Show the 41 earlier steps
  1. SenateReceived by the Secretary of the Senate
  2. SenateFiled
  3. SenateRead first time
  4. SenateReferred to Business & Commerce
  5. CommitteeScheduled for public hearing on . . . · Senate Business & Commerce
  6. CommitteeConsidered in public hearing · Senate Business & Commerce
  7. CommitteeTestimony taken in committee · Senate Business & Commerce
  8. CommitteeLeft pending in committee · Senate Business & Commerce
  9. CommitteeConsidered in public hearing · Senate Business & Commerce
  10. CommitteeVote taken in committee · Senate Business & Commerce
  11. CommitteeReported favorably as substituted · Senate Business & Commerce
  12. SenateRecommended for local & uncontested calendar
  13. SenateCommittee report printed and distributed
  14. SenateCo-author authorized
  15. SenateCo-author authorized
  16. SenatePlaced on local & uncontested calendar
  17. SenateLaid before the Senate
  18. SenateRead 2nd time & passed to engrossment
  19. SenateVote recorded in Journal
  20. SenateThree day rule suspended
  21. SenateRecord vote
  22. SenateRead 3rd time
  23. SenatePassed
  24. SenateRecord vote
  25. SenateReported engrossed
  26. HouseReceived from the Senate
  27. HouseRead first time
  28. CommitteeReferred to Ways & Means · House Ways & Means
  29. CommitteeConsidered in formal meeting · House Ways & Means
  30. CommitteeReported favorably w/o amendment(s) · House Ways & Means
  31. HouseComte report filed with Committee Coordinator
  32. HouseCommittee report distributed
  33. HouseCommittee report sent to Calendars
  34. HouseLaid out in lieu of companion (CSHB 3684)
  35. HouseRead 2nd time
  36. HousePassed to 3rd reading
  37. HouseRecord vote (RV#591)
  38. HouseStatement(s) of vote recorded in Journal
  39. HouseRead 3rd time
  40. HousePassed
  41. HouseRecord vote (RV#784)
  1. HouseStatement(s) of vote recorded in Journal
  2. SenateHouse passage reported
  3. SenateReported enrolled
  4. SenateSigned in the Senate
  5. HouseSigned in the House
  6. GovernorSent to the Governor
  7. GovernorSigned by the Governor
  8. GovernorEffective on 1/1/26

Roll calls

4 recorded votes: 2 on the floor, 2 in committee. Each shows how every member voted.

SB 1058 was read second time and was passed to third reading · Full House

Passed 131–13
Apr 28, 2025 · journal entry
Yes 131 No 13 Not voting 6
Democrats: 47 yes, 12 no Republicans: 84 yes, 1 no
How each member voted

Yes · 131

No · 13

Not voting · 1

Absent · 2

Excused · 3

SB 1058 was passed · Full House

Passed 137–9
Apr 29, 2025 · journal entry
Yes 137 No 9 Not voting 4
Democrats: 51 yes, 9 no Republicans: 86 yes, 0 no
How each member voted

Yes · 137

No · 9

Not voting · 2

Absent · 1

Excused · 1

Committee and other votes

DateWhereQuestionResult
Mar 31, 2025 Senate Business & Commerce Business & Commerce: Reported favorably as substituted Passed 10–0
Apr 23, 2025 House Ways & Means Ways & Means: Reported favorably w/o amendment(s) Passed 11–0

Sponsors

The member who introduced it, joined by 2 cosponsors: 2 Democrats.

All 2 cosponsors

From Texas's official records (ftp.legis.state.tx.us), checked Nov 13, 2026. Text links go to the official versions; LegiList does not copy bill text.