Tex. Tax Code § 171.086

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

Section 171.086 - Exemption: Political Subdivision Corporation

A political subdivision corporation formed under Section 304.001, Local Government Code, is exempted from the franchise tax.

Tex. Tax Code § 171.086

Added by Acts 2013, 83rd Leg., R.S., Ch. 1232 (H.B. 500), Sec. 5, eff. January 1, 2014.