EXEMPTION FROM EXCISE TAXES

Utilities Code

Section: 161.062

Jurisdiction: TX

Bluebook Citation: Tex. Util. Code § 161.062

Sec. 161.062. EXEMPTION FROM EXCISE TAXES. 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. Acts 1997, 75th Leg., ch. 166, Sec. 1, eff. Sept. 1, 1997.

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