Tex. Tax Code § 171.086: EXEMPTION: POLITICAL SUBDIVISION CORPORATION.
Where this section sits in the code
- TAX CODE
- TITLE 2. STATE TAXATION
- SUBTITLE F. FRANCHISE TAX; CREDITS
- CHAPTER 171. FRANCHISE TAX
- SUBCHAPTER B. EXEMPTIONS
A political subdivision corporation formed under Section 304.001, Local Government Code, is exempted from the franchise tax.
Added by Acts 2013, 83rd Leg., R.S., Ch. 1232 (H.B. 500), Sec. 5, eff. January 1, 2014.
Collected 2026-08-27T01:47:41Z. Source file · JSON