Updated August 7, 2026. Quick answer: every figure Clear Money Guide holds about Texas, on one page, each one copied from a dataset that cites its own statute or agency. Built for reporters on deadline — take any line, follow the link for the source.
What stands out about Texas
These are the figures where Texas differs most from the rest of the country — selected by counting how many jurisdictions share each value, not by editorial preference.
- Formation fee: $300 — the only jurisdiction of the 48 we have data for
- Grace period days: one month (at least) — the only jurisdiction of the 47 we have data for
- Deposit cap: none — one of only 6 of 37
- Has law: No — one of only 8 of 51
What dying costs here
- Small estate limit: 75000
- Small estate scope: unstated
Source and full detail: the cost-of-dying index. Figures copied from those pages, which own them.
Estate and property law status
- Authorized: yes
- Statute or act: Tex. Gov’t Code 406.101 et seq. (Subch. C, Ch. 406), Acts 2017 85th Leg. ch. 340 (H.B. 1217); amended Acts 2023 88th Leg. ch. 258 (S.B. 1780)
- Effective date: 2018-07-01
- Conditions: Notary must be authorized by the SOS as an online notary public; two-way video/audio conference technology; identity via credential analysis and remote presentation. The 2023 amendment (S.B. 1780) took effect 2024-01-01.
- Association name: Texas Life and Health Insurance Guaranty Association
- Death benefit limit: $300,000
- Cash surrender limit: $100,000
- Annuity limit: $250,000
- Aggregate limit: $300,000
- Statute citation: Tex. Ins. Code § 463.204 (Obligations Excluded)
- Grace period days: one month (at least)
- Trigger: the due date of each premium after the first
- Coverage during grace: the policy remains in force; the policy may provide that overdue premiums are deducted from any settlement if the insured dies during the grace period, or alternatively that interest is charged on the late payment
Source and full detail: notary rules by state · guaranty association limits · life insurance free-look periods · life insurance grace periods. Figures copied from those pages, which own them.
Working and earning here
- Quit deadline: Next regularly scheduled payday
- Fired deadline: Not later than the 6th calendar day after discharge
- Statute citation: Tex. Lab. Code 61.014 (deadlines); 61.053 (penalty)
- Has law: No
- Disclosure trigger: none
- Salary history ban: No
- Local ordinances: none identified
- Mandatory: No
- Contested: No
Source and full detail: final paycheck laws by state · pay transparency laws by state · paid family leave by state · the convenience-of-the-employer rule. Figures copied from those pages, which own them.
Renting here
- Deposit cap: none
- Return deadline: 30 days
- Interest required: no
- Statute citation: Tex. Prop. Code Secs. 92.101-92.109 (deadline: 92.103; penalty: 92.109)
Source and full detail: security deposit law by state. Figures copied from those pages, which own them.
Starting a business here
- Formation fee: $300
- Annual report: $0 — no Secretary of State periodic report; an annual Public Information Report or Ownership Report is filed with the Comptroller at no fee
- Franchise tax: Franchise tax; no tax due at or below $2,650,000 total revenue (2026 and 2027 report years). Rates 0.375% retail/wholesale, 0.75% other.
- Publication requirement: none
- Expedite options: $50 per document standard expedited (2-3 business days); $500 per document next-day; $750 per document same-day
- Statute citation: Tex. Bus. Orgs. Code sec. 4.152, sec. 4.154 (filing fees); Tex. Tax Code ch. 171 (franchise tax); Tex. Gov’t Code sec. 405.032 (expedited handling)
- Five year total: $300
Source and full detail: LLC cost by state. Figures copied from those pages, which own them.
Tax treatment here
- Has law: No
- Treatment: none
- Preferential mechanism: none
Source and full detail: capital gains tax by state. Figures copied from those pages, which own them.
For journalists: how to cite this
Clear Money Guide, Texas Money Statistics 2026. https://clearmoneyguide.com/state-money-statistics/texas/. Every figure on this page is copied from a Clear Money Guide dataset that states its own primary source and the date it was read — follow the section links for the statute or agency behind any number. Free to reuse with attribution under CC BY 4.0.
What this sheet does and does not contain
This sheet aggregates; it does not research. Every figure is copied from the owning page linked in each section, and a figure we do not own is simply absent — not estimated, not inferred from a neighbouring state. That is why sheets differ in length: this one states 38 figures, and a state where we hold less will show fewer. A short sheet means we have less, not that the state has less.
Statutory law changes. Each linked owner page carries the date its figures were read; check there before relying on anything here. See also Texas financial adviser statistics and all 51 state money sheets.
General information about published law and public data, not legal, tax or investment advice. No advertising appears on this page and we earn nothing from it.