Tex. Tax Code § 171.085

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 171.085 - Exemption; Recycling Operation

A corporation engaged solely in the business of recycling sludge, as defined by Section 361.003, Solid Waste Disposal Act (Chapter 361, Health and Safety Code), is exempted from the franchise tax.

Tex. Tax Code § 171.085

Amended by Acts 1990, 71st Leg., 6th C.S., ch. 10, art. 2, Sec. 33, eff. Sept. 6, 1990

Added by Acts 1989, 71st Leg., ch. 641, Sec. 3, eff. Sept. 1, 1991.