Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 301.013 - Tax Exemption(a) A hospital laundry cooperative association created under this subchapter is not required to pay a tax or assessment on its property or on any purchase made by the association.(b) Except as provided by Subsection (c), an association is not required to pay an annual franchise tax.(c) An association is exempt from the franchise tax imposed by Chapter 171, Tax Code, only if the association is exempted by that chapter.Tex. Health and Safety Code § 301.013
Acts 1989, 71st Leg., ch. 678, Sec. 1, eff. 9/1/1989.