The secretary of state shall waive all fees imposed under Subchapter D, Chapter 4, for an entity that is a new veteran-owned business as defined by Section 171.0005, Tax Code, until the earlier of:
(1) the fifth anniversary of the date on which the entity was formed; or
(2) the date the entity ceases to qualify as a new veteran-owned business as defined by Section 171.0005, Tax Code.