yourstate.us
Home / Texas / Tax Code
Tex. Tax Code § 171.074

EXEMPTION--DEVELOPMENT CORPORATION

Texas · Texas Tax Code · Status: effective

Business & Commerce
Get this as JSONEmbed this
Cite this
Citation
Tex. Tax Code § 171.074, EXEMPTION--DEVELOPMENT CORPORATION, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/575496
Permanent ID
ys:prov:575496@1
SHA-256
3973a5b64ea2b07cc3e015c6f948aa064135c7cd1eb0162217466a49a64f8c68

The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.

Full text

A nonprofit corporation organized under the Development Corporation Act (Subtitle C1, Title 12, Local Government Code) is exempted from the franchise tax.