{"data":{"id":"us-tx/tex.-tax-code-171.086","jurisdiction":"us-tx","citation":"Tex. Tax Code § 171.086","heading":"EXEMPTION: POLITICAL SUBDIVISION CORPORATION.","body":"A political subdivision corporation formed under Section 304.001, Local Government Code, is exempted from the franchise tax.\nAdded by Acts 2013, 83rd Leg., R.S., Ch. 1232 (H.B. 500), Sec. 5, eff. January 1, 2014.","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#171.086","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:41Z","sha256":"e6213be1c8d6d2308f1b90255c1bf85cac89d3fd27795a2b4aae68c7fdba72eb","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-tax-code-171.085","next":"us-tx/tex.-tax-code-171.087"},"notice":"GroundRules: Original legal text. Not legal advice."}