Tex. Util. Code § 161.062 · Subchapter B. CREATION AND OPERATION OF ELECTRIC COOPERATIVES
EXEMPTION FROM EXCISE TAXES.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
An electric cooperative 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.
Notes and commentary — not statutory text
History
Acts 1997, 75th Leg., ch. 166, Sec. 1, eff. Sept. 1, 1997.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/UT/htm/UT.161.htm
- Text hash
- sha256 0777f65f1036e1530b2d682d5c411f4b611795445c95fa8b7842177add2e593e
- 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
This section cites
Provisions in this library that the text above cites, as it prints each citation. A range cited as “ss. 61.13-61.16” links its first and last provisions.
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.