Sec. 41.161. TAX EXEMPTION. Transactions involving the transfer and ownership of securitized property and the receipt of securitized charges are exempt from state and local income, sales, franchise, gross receipts, and other taxes or similar charges.
Added by Acts 2021, 87th Leg., R.S., Ch. 950 (S.B. 1580), Sec. 1, eff. June 18, 2021.
Structure Texas Statutes
Title 2 - Public Utility Regulatory Act
Subtitle B - Electric Utilities
Chapter 41 - Electric Cooperatives and Competition
Subchapter D. Market Participation and Securitization
Section 41.153. Financing Orders; Terms
Section 41.154. Property Rights
Section 41.159. Security Interests; Assignment; Commingling; Default
Section 41.160. Pledge of State