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HB3702 —
No card. One bill, free forever — alerts when it moves.
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1Introduced
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2In Committee
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3Passed House
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4Passed Senate
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5To Executive
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6Enacted
This bill died with 87th Legislature (2021). It reached “Introduced” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.
AI-generated reading aid from the bill's amendatory text — verify against the official bill.
This bill amends 1 section(s) of the Texas statutes: Section 101.010, Tax Code.
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Section 101.010, Tax Code
Sec. 101.010. Provisions Relating to Securities Market Operators (a) After January 1, 2022, no law may be enacted that imposes an occupation tax upon a Registered Securities Market Operator or a tax upon a securities transaction of a Registered Securities Market Operator. (b) The term "Registered Securities Market Operator" means a self-regulatory organization, national securities exchange, financial institution, alternative trading system, trade reporting facility, broker, dealer, clearing agency, or transfer agent, as those terms are defined in the Securities Exchange Act of 1934, 15 U.S.C. 78a et seq., or a board of trade, commodities pool operator, derivatives clearing organization, electronic trading facility, or organized exchange, as that term is defined in the Commodities Futures Exchange Act, 7 U.S.C. 1 et seq., or an affiliate, subsidiary, or facility thereof, to the extent that such Regulated Securities Market Operator is subject to registration with and regulation by the U.S. Securities and Exchange Commission or the U.S. Commodities Futures Trading Commission. (c) The term "security" or "securities" means the definition of that term set forth in the Securities Exchange Act of 1934, 15 U.S.C. § 78c(a)(10). (d) The term "securities transaction" means the purchase or sale of securities by a Registered Securities Market Operator on behalf of a customer, any contract or agreement to do the same, and any service by a Registered Securities Market Operator to facilitate, match parties to, process, report, clear, or settle the purchase or sale of securities on behalf of a customer. (d) This section does not prohibit: (1) the imposition of a general business tax measured by business activity; (2) the imposition of a tax on the production of minerals; (3) the imposition of a tax on insurance premiums; (4) the imposition of a general sales tax on tangible personal property or services; (5) the imposition of a fee based on the cost of processing documents; or (6) the change of a rate of a tax in existence on January 1, 2022.
amended
Sponsorship breakdown
Export CSV (upgrade) →0 sponsors · 0 co-sponsors · 184 not signed on
Sponsors (0)
None.
Co-sponsors (0)
None.
Not signed on (184)
184 members have not signed on to this bill.
Show all 184 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
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Frequently asked questions
- What is the current status of HB3702?
- This bill died with 87th Legislature (2021). It reached “Introduced” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
- Where can I track HB3702?
- Track HB3702 free on One Click Politics — get push/email alerts when it moves.
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Last checked for changes 3 months ago · updated continuously
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