A telephone cooperative corporation incorporated under Chapter 162, Utilities Code, is exempted from the franchise tax.
Official text of the Texas Tax Code as published by the Texas Legislative Council.
Tax Code › Title 2 › Chapter 171 › Subchapter B
Texas Tax Code § 171.080
Exemption--Telephone Cooperative Corporations
Franchise Tax · Exemptions
Legislative history
Acts 1981, 67th Leg., p. 1696, ch. 389, Sec. 1, eff. Jan. 1, 1982. Amended by Acts 1999, 76th Leg., ch. 62, Sec. 18.49, eff. Sept. 1, 1999.