SB 2697
bill rewording one section of the Business Organizations Code
Died in committee
Verdict: No flags
Initial review · graded Oct 20, 2026 · Headline, summary and grade are analysis of the bill text, not a finding about any person · How we grade
Caption
relating to the revival of a filing entity's corporate privileges and the reinstatement of the entity's certificate of formation following certain forfeitures under the Tax Code.
Caption from analyzed text · version I.
Summary
Forfeited corporate privileges get revived, not just certificates reinstated.
The bill rewrites one section of the Business Organizations Code so it speaks of a business entity's forfeited corporate privileges being revived under the Tax Code, not just its certificate of formation being reinstated. It touches corporations and other filing entities that lost privileges for failing to file a tax report or pay a tax or penalty, along with their officers and agents. On the ground, those entities still follow Tax Code procedures to come back, a reinstated entity is treated as never having stopped existing, and revival does not change any personal liability question for officers during the forfeiture gap.
Labels
Labels: NEVER GOT A HEARING. Filed Mar 13, 2025 and referred to the Senate Business & Commerce committee. No public hearing. The bill died.
Receipt
The receipt
89R-SB2697 · 2025-03-13
SOLD BY
ITEM
relating to the revival of a filing entity's corporate privileges and the reinstatement of the entity's certificate of formation following certain forfeitures under the Tax Code.
WHAT IT DOES
Forfeited corporate privileges get revived, not just certificates reinstated.
The bill rewrites one section of the Business Organizations Code so it speaks of a business entity's forfeited corporate privileges being revived under the Tax Code, not just its certificate of formation being reinstated. It touches corporations and other filing entities that lost privileges for failing to file a tax report or pay a tax or penalty, along with their officers and agents. On the ground, those entities still follow Tax Code procedures to come back, a reinstated entity is treated as never having stopped existing, and revival does not change any personal liability question for officers during the forfeiture gap.
CHARGES
[ ] NONE FOUND
TOTAL
No fiscal note in the loaded record.
HISTORY
- Received by the Secretary of the Senate
- Filed
- Read first time
- Referred to Business & Commerce
FILED UNDER
No verified beat found.
THANK YOU FOR CHECKING THE RECEIPT
CAMPAIGN PAID FOR BY
CAMPAIGN PAID FOR BY
Donors
Not tied to this bill.
Sources
The author's campaign account only. Own money and internal transfers are separate on the member page.
Derived itemized flow · Jul 10, 2024 to Jun 24, 2026. State data as of Nov 4, 2026.
Derived itemized contributions on live regular reports and uncovered special-session dates. Internal account transfers and daily reports are excluded.
Agave Democratic Infrastructure Fund$25,750.00
Agave Democratic Infrastructure Fund
$25,750.00
- Cash
- $25,000.00
- Paid by others
- $750.00
- Total
- $25,750.00
Also funds 5 other sitting lawmakers.
Derived recipient stock · Nov 22, 2024 to Oct 12, 2026. State data as of Nov 4, 2026.
TEC account match.
Sources
Derived itemized flow · Nov 25, 2024 to Dec 13, 2024. State data as of Nov 4, 2026.
Derived itemized contributions on live regular reports and uncovered special-session dates. Internal account transfers and daily reports are excluded.
Report IDs: 100989095.
Texas Trial Lawyers Association PAC$25,000.00
Texas Trial Lawyers Association PAC
$25,000.00
- Cash
- $25,000.00
- Paid by others
- $0.00
- Total
- $25,000.00
Also funds 137 other sitting lawmakers.
Derived recipient stock · Jul 24, 2024 to Oct 23, 2026. State data as of Nov 4, 2026.
TEC account match.
TeamSources
Derived itemized flow · Oct 3, 2024 to Jan 26, 2026. State data as of Nov 4, 2026.
Derived itemized contributions on live regular reports and uncovered special-session dates. Internal account transfers and daily reports are excluded.
Report IDs: 100989095, 101009709, 101033590, 101060872.
Border Health PAC$25,000.00
Border Health PAC
$25,000.00
- Cash
- $25,000.00
- Paid by others
- $0.00
- Total
- $25,000.00
Also funds 17 other sitting lawmakers.
Derived recipient stock · Oct 28, 2024 to Aug 26, 2026. State data as of Nov 4, 2026.
TEC account match.
TeamSources
Derived itemized flow · on Dec 14, 2024. State data as of Nov 4, 2026.
Derived itemized contributions on live regular reports and uncovered special-session dates. Internal account transfers and daily reports are excluded.
Report IDs: 100989095.
Missing data does not establish zero giving. Display amounts are rounded.
Agave Democratic Infrastructure Fund
$25,750.00
- Cash
- $25,000.00
- Paid by others
- $750.00
- Total
- $25,750.00
Also funds 5 other sitting lawmakers.
Derived recipient stock · Nov 22, 2024 to Oct 12, 2026. State data as of Nov 4, 2026.
TEC account match.
Sources
Derived itemized flow · Nov 25, 2024 to Dec 13, 2024. State data as of Nov 4, 2026.
Derived itemized contributions on live regular reports and uncovered special-session dates. Internal account transfers and daily reports are excluded.
Report IDs: 100989095.
Texas Trial Lawyers Association PAC
$25,000.00
- Cash
- $25,000.00
- Paid by others
- $0.00
- Total
- $25,000.00
Also funds 137 other sitting lawmakers.
Derived recipient stock · Jul 24, 2024 to Oct 23, 2026. State data as of Nov 4, 2026.
TEC account match.
TeamSources
Derived itemized flow · Oct 3, 2024 to Jan 26, 2026. State data as of Nov 4, 2026.
Derived itemized contributions on live regular reports and uncovered special-session dates. Internal account transfers and daily reports are excluded.
Report IDs: 100989095, 101009709, 101033590, 101060872.
Border Health PAC
$25,000.00
- Cash
- $25,000.00
- Paid by others
- $0.00
- Total
- $25,000.00
Also funds 17 other sitting lawmakers.
Derived recipient stock · Oct 28, 2024 to Aug 26, 2026. State data as of Nov 4, 2026.
TEC account match.
TeamSources
Derived itemized flow · on Dec 14, 2024. State data as of Nov 4, 2026.
Derived itemized contributions on live regular reports and uncovered special-session dates. Internal account transfers and daily reports are excluded.
Report IDs: 100989095.
Votes
No floor vote loaded for this bill.
Fiscal
No fiscal note in the loaded record.
How this was graded
Analysis of text version I by claude-opus-5-5, Oct 20, 2026, against the published rubric.
Sources
Texas Senate · Filed Mar 13, 2025
04/03/2025 S Referred to Business & Commerce
Texas Legislature Online · Introduced
Data snapshot Oct 26, 2026 at 4:20 AM CDT. Grades, charges, quotes and corrections follow the published record.
Senate committee · Business & Commerce · Final status: Died in committee
Subjects
Business & Commerce--General
Corporations & Associations
Taxation--General
Text
The text as introduced · 281 words
89R13501 SRA-F By: Blanco S.B. No. 2697 A BILL TO BE ENTITLED AN ACT relating to the revival of a filing entity's corporate privileges and the reinstatement of the entity's certificate of formation following certain forfeitures under the Tax Code. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: SECTION 1. The heading to Section 11.254, Business Organizations Code, is amended to read as follows: Sec. 11.254. EFFECT OF REVIVAL AND REINSTATEMENT [ OF CERTIFICATE OF FORMATION ] FOLLOWING [ TAX ] FORFEITURE OF FILING ENTITY UNDER TAX CODE . SECTION 2. Sections 11.254(a) and (b), Business Organizations Code, are amended to read as follows: (a) A filing entity whose corporate privileges are [ certificate of formation has been ] forfeited under the provisions of the Tax Code for failure to file a report or pay a tax or penalty must follow the procedures in the Tax Code to revive those privileges and, if applicable, reinstate the filing entity's [ its ] certificate of formation. A filing entity whose privileges are revived and whose certificate of formation is reinstated under the provisions of the Tax Code is considered to have continued in existence without interruption from the date of forfeiture. (b) The revival of a filing entity's corporate privileges or the reinstatement of a filing entity's certificate of formation after its forfeiture has no effect on any issue of the personal liability of the governing persons, officers, or agents of the filing entity during the period between the date the privileges were forfeited and the date the privileges were reinstated [ forfeiture and reinstatement of the certificate of formation ]. SECTION 3. This Act takes effect September 1, 2025.