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Texas Tax Code - TAX § 171.066. Exemption--Nonprofit Corporation Involved with City Natural Gas Facility

Current as of January 01, 2024 | Updated by Findlaw Staff

A nonprofit corporation organized to construct, acquire, own, lease, or operate a natural gas facility in behalf and for the benefit of a city or residents of a city is exempted from the franchise tax.

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Cite this article: FindLaw.com - Texas Tax Code - TAX § 171.066. Exemption--Nonprofit Corporation Involved with City Natural Gas Facility - last updated January 01, 2024 | https://codes.findlaw.com/tx/tax-code/tax-sect-171-066/

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