{"data":{"id":"us-tx/tex.-tax-code-171.053","jurisdiction":"us-tx","citation":"Tex. Tax Code § 171.053","heading":"EXEMPTION--RAILWAY TERMINAL CORPORATION.","body":"A corporation organized as a railway terminal corporation and having no annual net income from its business is exempted from the franchise tax.\nActs 1981, 67th Leg., p. 1693, ch. 389, Sec. 1, eff. Jan. 1, 1982.","path":["TAX CODE","TITLE 2. STATE TAXATION","SUBTITLE F. FRANCHISE TAX; CREDITS","CHAPTER 171. FRANCHISE TAX","SUBCHAPTER B. EXEMPTIONS"],"source_url":"https://statutes.capitol.texas.gov/Docs/TX/htm/TX.171.htm#171.053","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:41Z","sha256":"7e387945e60fbaf6478a6bed54ed3d4b187f77bb5bf3660904c4e519b6b25b8e","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-tax-code-171.0525","next":"us-tx/tex.-tax-code-171.055"},"notice":"GroundRules: Original legal text. Not legal advice."}