{"data":{"id":"us-tx/tex.-tax-code-171.068","jurisdiction":"us-tx","citation":"Tex. Tax Code § 171.068","heading":"EXEMPTION--NONPROFIT CORPORATION ORGANIZED TO PROVIDE COOPERATIVE HOUSING.","body":"A nonprofit corporation engaged solely in the business of owning residential property for the purpose of providing cooperative housing for persons is exempted from the franchise tax.\nActs 1981, 67th Leg., p. 1695, 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#171.068","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:41Z","sha256":"06231ee32e02c4502675f7797747db90aeeda9fc1f3f4f1772b501791251e8c2","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-tax-code-171.067","next":"us-tx/tex.-tax-code-171.069"},"notice":"GroundRules: Original legal text. Not legal advice."}