---
type: "Bill"
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."
description: "Relating to the exclusion of certain securities transaction payments from the total revenue of a taxable entity that is a registered securities market operator."
jurisdiction: "us/states/tx"
legislature: "Texas Legislature"
session: "89R"
identifier: "SB 1058"
citation: "Texas SB 1058 (89R)"
classification: ["bill"]
subjects: ["Financial--General (I0365)", "MORTGAGE BROKERS & BANKERS (S0098)", "Taxation--Franchise (I0807)"]
status: "enacted"
primary_sponsors: ["Button", "Capriglione", "Parker"]
version_count: 5
action_count: 49
vote_count: 2
first_action: "2025-02-03"
last_action: "2025-05-13"
source: "openstates"
source_identifier: "ocd-bill/a6edb1e7-51c4-446b-93cf-1b062cc346f3"
source_url: "ftp://ftp.legis.state.tx.us/bills/89R/billhistory/senate_bills/SB01000_SB01099/SB 1058.xml"
source_hash: "4dbb9384d5d0d69c83aeb24b97a3696eb62ddd38a289ed8796cb57057118ccab"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-tx"]
---

# Texas SB 1058 (89R) — Relating to the exclusion of certain securities transaction payments from the total revenue of a taxable entity that is a registered securities market operator.

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **Introduced** (filed) — [source](http://capitol.texas.gov/tlodocs/89R/billtext/html/SB01058I.HTM)
2. **Engrossed** (committee substitute) — [source](http://capitol.texas.gov/tlodocs/89R/billtext/html/SB01058E.HTM)
3. **House Committee Report** (committee substitute) — [source](http://capitol.texas.gov/tlodocs/89R/billtext/html/SB01058H.HTM)
4. **Senate Committee Report** (committee substitute) — [source](http://capitol.texas.gov/tlodocs/89R/billtext/html/SB01058S.HTM)
5. **Enrolled** (enrolled) — [source](http://capitol.texas.gov/tlodocs/89R/billtext/html/SB01058F.HTM)

## Votes

- passage — **137–9** (pass) · lower
- passage — **131–13** (pass) · lower

## Sponsors

- Button — primary (person)
- Capriglione — primary (person)
- Parker — primary (person)
- Blanco — cosponsor (person)
- West — cosponsor (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2025-02-03** Received by the Secretary of the Senate `filing, introduction`
- **2025-02-03** Filed `filing`
- **2025-02-24** Read first time `introduction, reading-1`
- **2025-02-24** Referred to Business & Commerce `referral-committee`
- **2025-03-18** Scheduled for public hearing on . . .
- **2025-03-18** Considered in public hearing
- **2025-03-18** Testimony taken in committee
- **2025-03-18** Left pending in committee
- **2025-03-27** Considered in public hearing
- **2025-03-27** Vote taken in committee
- **2025-03-31** Reported favorably as substituted `committee-passage-favorable`
- **2025-03-31** Recommended for local & uncontested calendar
- **2025-03-31** Committee report printed and distributed
- **2025-04-01** Co-author authorized
- **2025-04-10** Co-author authorized
- **2025-04-10** Placed on local & uncontested calendar
- **2025-04-10** Laid before the Senate `receipt`
- **2025-04-10** Read 2nd time & passed to engrossment `reading-2`
- **2025-04-10** Vote recorded in Journal
- **2025-04-10** Three day rule suspended
- **2025-04-10** Record vote
- **2025-04-10** Read 3rd time `reading-3`
- **2025-04-10** Passed `passage`
- **2025-04-10** Record vote
- **2025-04-10** Reported engrossed
- **2025-04-14** Received from the Senate `introduction`
- **2025-04-17** Read first time `introduction, reading-1`
- **2025-04-17** Referred to Ways & Means `referral-committee`
- **2025-04-23** Considered in formal meeting
- **2025-04-23** Reported favorably w/o amendment(s) `committee-passage, committee-passage-favorable`
- **2025-04-25** Comte report filed with Committee Coordinator `filing`
- **2025-04-25** Committee report distributed
- **2025-04-28** Committee report sent to Calendars
- **2025-04-28** Laid out in lieu of companion
- **2025-04-28** Read 2nd time `reading-2`
- **2025-04-28** Passed to 3rd reading
- **2025-04-28** Record vote
- **2025-04-28** Statement(s) of vote recorded in Journal
- **2025-04-29** Read 3rd time `reading-3`
- **2025-04-29** Passed `passage`
- **2025-04-29** Record vote
- **2025-04-29** Statement(s) of vote recorded in Journal
- **2025-04-29** House passage reported `passage`
- **2025-04-29** Reported enrolled `enrolled`
- **2025-04-30** Signed in the Senate `passage`
- **2025-05-01** Signed in the House `passage`
- **2025-05-01** Sent to the Governor `executive-receipt`
- **2025-05-13** Signed by the Governor `executive-signature`
- **2025-05-13** Effective on 1/1/26 `became-law`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/a6edb1e7-51c4-446b-93cf-1b062cc346f3`. Confidence: reported (aggregated from official Texas legislature records).