Tex. Tax Code § 171.061 · Subchapter B. EXEMPTIONS
EXEMPTION--NONPROFIT CORPORATION ORGANIZED FOR EDUCATIONAL PURPOSES.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
A nonprofit corporation organized solely for educational purposes is exempted from the franchise tax.
Notes and commentary — not statutory text
History
Acts 1981, 67th Leg., p. 1694, ch. 389, Sec. 1, eff. Jan. 1, 1982. Amended by Acts 1995, 74th Leg., ch. 1002, Sec. 3, eff. Jan. 1, 1996.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/TX/htm/TX.171.htm
- Text hash
- sha256 e248f931a0b479c1ba25a59e064cc2d689095a05099cbc6d58942b91422c1188
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.