What Is a Texas Public Information Report? (2026 Updated Filing Guide)
This article provides general information for educational purposes only. It is not legal advice, does not create an attorney-client relationship, and should not be relied upon as a substitute for consultation with a qualified attorney. Laws vary by state, and individualized guidance is recommended.
In Texas, small business owners usually find out the hard way that missing one $0-tax form can freeze their entire operation. Between managing operations and serving customers, the "paperwork" side of things can easily lead to a headache. One of the most critical documents for any Texas business owner is the Public Information Report (PIR).
Disclaimer This article provides general information for educational purposes only. It is not legal advice, does not create an attorney-client relationship, and should not be relied upon as a substitute for consultation with a qualified attorney. Laws vary by state, and individualized guidance is recommended.
A Texas LLC may owe no franchise tax and still have an annual filing obligation.
The Public Information Report, commonly called the PIR, provides the Texas Comptroller with current information about the people managing the company. Failing to file it can eventually place the entity’s right to transact business at risk.
What Is a Texas Public Information Report?
The Public Information Report is Form 05-102. It is generally filed annually by Texas and foreign:
- Limited liability companies
- Corporations
- Certain financial institutions
- Other entities assigned to the PIR filing category
The report identifies the LLC’s current managers or members, depending on its management structure, together with their addresses and other company information.
The Comptroller sends this management information to the Texas Secretary of State, where it may appear in public business records. (Texas Secretary of State)
PIR vs. Franchise Tax Report
The PIR is related to the franchise tax system, but it does not calculate the company’s tax liability.
Filing | Purpose |
|---|---|
Franchise tax report | Calculates or reports the entity’s Texas franchise tax position |
Public Information Report | Reports current management and company information |
Ownership Information Report | Reports ownership information for entities assigned to the OIR category |
Franchise tax report
Calculates or reports the entity’s Texas franchise tax position
Public Information Report
Reports current management and company information
Ownership Information Report
Reports ownership information for entities assigned to the OIR category
For report years beginning in 2024, entities at or below the no-tax-due threshold no longer file the former No Tax Due Report. They must still file either a PIR or OIR. (Texas Comptroller)
The 2026 No-Tax-Due Threshold
For the 2026 franchise tax report year, the no-tax-due threshold is $2.65 million in annualized total revenue.
An entity at or below that threshold generally:
- Owes no franchise tax.
- Does not file a No Tax Due Report.
- Must still file its PIR or OIR.
Report Year | No-Tax-Due Threshold |
|---|---|
2024–2025 | $2.47 million |
2026–2027 | $2.65 million |
2024–2025
$2.47 million
2026–2027
$2.65 million
When Is the PIR Due?
The PIR is due on the same date as the annual franchise tax report, generally May 15.
If the due date falls on a weekend or legal holiday, the deadline generally moves to the next business day.
The report may be filed through the Comptroller’s Webfile system or by using the applicable paper form. Electronic filing provides faster confirmation that the submission was received.
Is There a $50 Late Fee?
Not necessarily.
The Comptroller currently states that an entity whose revenue is at or below the no-tax-due threshold may resolve its filing issue by submitting the missing PIR or OIR and that there is no $50 penalty for the late PIR or OIR itself. (Texas Comptroller)
A $50 penalty can apply to other required franchise tax reports filed late. The exact consequence therefore depends on which filing was missing and whether the company was required to submit a tax computation report. (Texas Comptroller)
Who Files a PIR and Who Files an OIR?
Entity classification matters.
Entity Type | Typical Information Report |
|---|---|
LLC | PIR |
Corporation | PIR |
Limited partnership | OIR in many cases |
General partnership | OIR in many cases |
Professional association | OIR |
Certain trusts | OIR |
LLC
PIR
Corporation
PIR
Limited partnership
OIR in many cases
General partnership
OIR in many cases
Professional association
OIR
Certain trusts
OIR
Businesses should follow the report assigned to their taxpayer account rather than assuming every entity files Form 05-102.
Privacy Considerations
Information listed on the PIR may become publicly searchable.
Business owners should therefore avoid entering a home address unnecessarily. However, a professional registered agent’s address should not be used as the address of a manager or member unless:
- It is an accurate address for that person; and
- The registered agent expressly permits that use.
Hiring a registered agent protects the address listed as the registered office. It does not automatically provide a substitute address for every owner, manager, officer, or director.
What Happens If the PIR Is Not Filed?
The Comptroller generally sends notices before taking forfeiture action. If the required reports remain missing, the entity may lose its right to transact business in Texas.
Possible consequences include:
- Loss of active franchise tax status
- Inability to obtain a Certificate of Account Status
- Public records showing the entity as forfeited
- Difficulty obtaining financing or completing transactions
- Restrictions on maintaining court proceedings
- Potential personal liability for certain debts incurred after forfeiture in circumstances covered by Texas law
Forfeiture does not automatically make members personally responsible for every company obligation. Liability under Texas Tax Code § 171.255 is subject to statutory requirements and exceptions.
How to Restore Compliance
If the LLC has missed its PIR:
- Review the Comptroller’s notice and taxpayer account.
- File every missing PIR or other required report.
- Pay any franchise tax, penalty, or interest actually due.
- Confirm that the Comptroller has restored the account.
- If the Secretary of State has terminated or forfeited the entity, obtain the required tax clearance and complete the applicable reinstatement filing.
An entity that has only missed its current PIR may be able to resolve the issue directly through Webfile before Secretary of State reinstatement becomes necessary.
2026 PIR Checklist
- Confirm whether the entity files a PIR or OIR.
- Verify the 11-digit Texas taxpayer number.
- Review the current managers, members, officers, or directors.
- Use accurate addresses.
- File by May 15.
- Retain the submission confirmation.
- Check the Comptroller account after filing.
- Respond promptly to any delinquency notice.
Final Takeaway
The $2.65 million no-tax-due threshold does not eliminate the Texas information-reporting requirement.
Most Texas LLCs must still file a Public Information Report for 2026, even when they owe no franchise tax. Filing on time keeps the company’s management information current and helps prevent notices, forfeiture, and avoidable reinstatement work.
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