Tex. Tax Code § 171.062 · Subchapter B. EXEMPTIONS
EXEMPTION--NONPROFIT CORPORATION ORGANIZED FOR PUBLIC CHARITY.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
A nonprofit corporation organized for purely public charity 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.
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 d65a9c57dbdb60b4dd9a6abc76740f57221407653b94968d17c324158ee0b7bc
- 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.