Texas Utilities Code

§ 162.062 — EXEMPTION FROM EXCISE TAXES

UT § 162.062Title 4. DELIVERY OF UTILITY SERVICES · Part A. UTILITY CORPORATIONS AND OTHER PROVIDERS · Ch. 162. TELEPHONE COOPERATIVE CORPORATIONS · Art. B. CREATION AND OPERATION OF TELEPHONE COOPERATIVES

Statute text

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A telephone cooperative doing business in this state is exempt from all excise taxes but is exempt from the franchise tax imposed by Chapter 171, Tax Code, only if the cooperative is exempted by that chapter.

Legislative history

Acts 1997, 75th Leg., ch. 166, Sec. 1, eff. Sept. 1, 1997.