Tex. Tax Code § 171.057

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 171.057 - Exemption-Nonprofit Corporation Organized to Promote County, City, or Another Area

A nonprofit corporation organized solely to promote the public interest of a county, city, town, or another area in the state is exempted from the franchise tax.

Tex. Tax Code § 171.057

Acts 1981, 67th Leg., p. 1694, ch. 389, Sec. 1, eff. Jan. 1, 1982.