{"data":{"id":"us-tx/tex.-tax-code-171.061","jurisdiction":"us-tx","citation":"Tex. Tax Code § 171.061","heading":"EXEMPTION--NONPROFIT CORPORATION ORGANIZED FOR EDUCATIONAL PURPOSES.","body":"A nonprofit corporation organized solely for educational purposes is exempted from the franchise tax.\nActs 1981, 67th Leg., p. 1694, ch. 389, Sec. 1, eff. Jan. 1, 1982. Amended by Acts 1995, 74th Leg., ch. 1002, Sec. 3, eff. Jan. 1, 1996.","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#171.061","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:41Z","sha256":"482a7b1335ef81145b047918136d1c6afda2141fb5d94f7006492ccababba196","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-tax-code-171.060","next":"us-tx/tex.-tax-code-171.062"},"notice":"GroundRules: Original legal text. Not legal advice."}