Tex. Tax Code § 171.061

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

Section 171.061 - Exemption-Nonprofit Corporation Organized for Educational Purposes

A nonprofit corporation organized solely for educational purposes is exempted from the franchise tax.

Tex. Tax Code § 171.061

Amended by Acts 1995, 74th Leg., ch. 1002, Sec. 3, eff. Jan. 1, 1996

Acts 1981, 67th Leg., p. 1694, ch. 389, Sec. 1, eff. Jan. 1, 1982.