Utilities Code › Title 2 › Chapter 39 › Subchapter N

Texas Utilities Code § 39.658

Tax Exemption

Restructuring of Electric Utility Industry · Winter Storm Uri Uplift Financing

Transactions involving the transfer and ownership of uplift property and the receipt of uplift charges are exempt from state and local income, sales, franchise, gross receipts, and other taxes or similar charges.

Official text of the Texas Utilities Code as published by the Texas Legislative Council.

Official source
Legislative history

Added by Acts 2021, 87th Leg., R.S., Ch. 908 (H.B. 4492), Sec. 5, eff. June 16, 2021.