Under current Comptroller policy, once an entity has qualified as an exempt passive entity under franchise tax law and has filed a franchise tax report indicating that it is a passive entity, that same entity is not required to file any subsequent franchise tax reports so long as it continues to qualify as passive.  This policy will change beginning with reports due after January 1, 2011.  Beginning after this date, if an entity is registered with the Texas Secretary of State (i.e., as a limited partnership), it will be required to file a No Tax Due Information Report for each year that it qualifies as passive.  For general partnerships or trusts not registered with the Texas Secretary of State, the reporting requirement will remain unchanged, and subsequent reports will not be required so long as the entity continues to qualify as passive.  Comptroller Rule 3.582 will be amended to reflect this policy change.