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Texas Statutes

§ 171.086 — EXEMPTION: POLITICAL SUBDIVISION CORPORATION.

Texas § 171.086
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This text of Texas § 171.086 (EXEMPTION: POLITICAL SUBDIVISION CORPORATION.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Tex. Tax Code Code Ann. § 171.086 (2026).

Text

Sec. 171.086. EXEMPTION: POLITICAL SUBDIVISION CORPORATION. A political subdivision corporation formed under Section 304.001 , Local Government Code, is exempted from the franchise tax.

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Legislative History

Added by Acts 2013, 83rd Leg., R.S., Ch. 1232 (H.B. 500 ), Sec. 5, eff. January 1, 2014.

Nearby Sections

15
§ 171.0001
GENERAL DEFINITIONS.
§ 171.0002
DEFINITION OF TAXABLE ENTITY.
§ 171.0003
DEFINITION OF PASSIVE ENTITY.
§ 171.0004
DEFINITION OF CONDUCTING ACTIVE TRADE OR BUSINESS.
§ 171.0005
DEFINITION OF NEW VETERAN-OWNED BUSINESS.
§ 171.001
TAX IMPOSED.
§ 171.0011
ADDITIONAL TAX.
§ 171.002
RATES; COMPUTATION OF TAX.
§ 171.003
INCREASE IN RATE REQUIRES VOTER APPROVAL.
§ 171.006
ADJUSTMENT OF ELIGIBILITY FOR NO TAX DUE, DISCOUNTS, AND COMPENSATION DEDUCTION.
§ 171.051
APPLICATION FOR EXEMPTION; EFFECTIVE DATE.
§ 171.052
CERTAIN CORPORATIONS.
§ 171.0525
EXEMPTION--CERTAIN INSURANCE COMPANIES.
§ 171.053
EXEMPTION--RAILWAY TERMINAL CORPORATION.
§ 171.055
EXEMPTION--OPEN-END INVESTMENT COMPANY.
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Bluebook (online)
Texas § 171.086, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/TX/171.086.