Texas Revised Franchise Tax

franchise tax
Franchise tax is a tax charged by some US states to corporations with a nexus (aka a filing obligation) with those states. The common feature of a state's franchise tax is that it is not based on income. Rather, the typical franchise tax calculation centers around the "net worth" of the taxpayer.
A tax or fee usually levied annually upon a corporation, limited liability company or similar business entity for the right to exist or do business in a particular state.
a tax that is imposed by states on corporations; it depends both on the net worth of the corporation and on its net income attributable to activities within the state

revised
Reconsider and alter (something) in the light of further evidence
(revise) make revisions in; "revise a thesis"
altered or revised by rephrasing or by adding or deleting material; "the amended bill passed easily"
Reexamine and make alterations to (written or printed matter)
Alter so as to make more efficient or realistic
improved or brought up to date; "a revised edition"

texas
James A. Michener's Texas (also called Texas) is a 1994 made for TV movie directed by Richard Lang and starring Stacy Keach, Benjamin Bratt, Rick Schroder, Patrick Duffy and many other actors.
the second largest state; located in southwestern United States on the Gulf of Mexico
Texas is the first full-length album by PlayRadioPlay!.
A state in the southern US, on the border with Mexico, with a coastline on the Gulf of Mexico; pop. 20,851,820; capital, Austin; statehood, Dec. 29, 1845 (28). The area was part of Mexico until 1836, when it declared independence, became a republic, and began to work for admittance to the US as a state