Sec. 171.079.  EXEMPTION--ELECTRIC COOPERATIVE CORPORATION.  An electric cooperative corporation incorporated under Chapter 161, Utilities Code, that is not a participant in a joint powers agency is exempted from the franchise tax.
Acts 1981, 67th Leg., p. 1696, ch. 389, Sec. 1, eff. Jan. 1, 1982.  Amended by Acts 1995, 74th Leg., ch. 765, Sec. 2.27, eff. Sept. 1, 1995;  Acts 1999, 76th Leg., ch. 62, Sec. 18.48, eff. Sept. 1, 1999.