{"data":{"id":"us-tx/tex.-finance-code-271.002","jurisdiction":"us-tx","citation":"Tex. Finance Code § 271.002","heading":"REPORTING REQUIREMENT FOR CASH RECEIPTS OF MORE THAN $10,000.","body":"(a) A person engaged in a trade or business who, in the course of the trade or business, receives more than $10,000 in one transaction or in two or more related transactions in this state and who is required to file a return under Section 6050I, Internal Revenue Code of 1986 (26 U.S.C. Section 6050I), or 26 C.F.R. Section 1.6050I-1, and their subsequent amendments, shall file a copy of the return with the attorney general.\n(b) A person who timely files the return described by Subsection (a) with the appropriate federal agency as required by federal law complies with that subsection unless the attorney general:\n(1) notifies the person that the return is not of a type that is regularly and comprehensively transmitted by the federal agency to the attorney general; and\n(2) requests that the person provide the attorney general with a copy of the return.\nActs 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997. Amended by Acts 1999, 76th Leg., ch. 344, Sec. 2.029, eff. Sept. 1, 1999.","path":["FINANCE CODE","TITLE 3. FINANCIAL INSTITUTIONS AND BUSINESSES","SUBTITLE Z. MISCELLANEOUS PROVISIONS RELATING TO FINANCIAL INSTITUTIONS AND BUSINESSES","CHAPTER 271. FINANCIAL TRANSACTION REPORTING REQUIREMENTS"],"source_url":"https://statutes.capitol.texas.gov/Docs/FI/htm/FI.271.htm#271.002","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:13Z","sha256":"71b3c3e94eee1d463267f0b8241c49097224c1d20aebbc5b60cd5459102075dd","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-finance-code-271.001","next":"us-tx/tex.-finance-code-271.003"},"notice":"GroundRules: Original legal text. Not legal advice."}