{"data":{"id":"us-tx/tex.-local-government-code-501.075","jurisdiction":"us-tx","citation":"Tex. Local Government Code § 501.075","heading":"EXEMPTION FROM TAXATION.","body":"(a) The activities of a corporation affect all the residents of the corporation's authorizing unit by the corporation's assuming to a material extent what otherwise might be an obligation or duty of the authorizing unit, and therefore the corporation is an institution of purely public charity within the tax exemption of Section 2, Article VIII, Texas Constitution.\n(b) A corporation is exempt from the tax imposed by Chapter 171, Tax Code, only if the corporation is exempted by that chapter.\nAdded by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 3.01, eff. April 1, 2009.","path":["LOCAL GOVERNMENT CODE","TITLE 12. PLANNING AND DEVELOPMENT","SUBTITLE C1. ADDITIONAL PLANNING AND DEVELOPMENT PROVISIONS APPLYING TO MORE THAN ONE TYPE OF LOCAL GOVERNMENT","CHAPTER 501. PROVISIONS GOVERNING DEVELOPMENT CORPORATIONS","SUBCHAPTER B. CREATION AND OPERATION OF CORPORATION"],"source_url":"https://statutes.capitol.texas.gov/Docs/LG/htm/LG.501.htm#501.075","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:27Z","sha256":"d1572bda4178d43f10217a74b45de353ce04a0af8223058814c1d6b21fdea8c5","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-local-government-code-501.074","next":"us-tx/tex.-local-government-code-501.101"},"notice":"GroundRules: Original legal text. Not legal advice."}