Texas Tax Code

§ 171.080 — EXEMPTION--TELEPHONE COOPERATIVE CORPORATIONS

TX § 171.080Title 2. STATE TAXATION · Part F. FRANCHISE TAX; CREDITS · Ch. 171. FRANCHISE TAX · Art. B. EXEMPTIONS

A telephone cooperative corporation incorporated under Chapter 162, Utilities Code, is exempted from the franchise tax.

Legislative history

Acts 1981, 67th Leg., p. 1696, ch. 389, Sec. 1, eff. Jan. 1, 1982. Amended by Acts 1999, 76th Leg., ch. 62, Sec. 18.49, eff. Sept. 1, 1999.