Bill details Help | Status

HB 1320, 66th R.S.

Relating to an exemption from the franchise tax for certain corporations organized for the exclusive purpose of holding title to property, collecting income therefrom, and turning over the entire amount thereof, less expenses, to a non-profit corporation.

Last action: Considered by committee in public hearing

Author: Bennie Bock II

Remarks: Laid on the table subject to call, 4/2/79.

Subjects:
Charitable & Nonprofit Organizations
Taxation--Franchise

House Committee: Ways & Means () Minutes: April 2 1979

The Legislative Archive System is a work in progress. Complete information is not available for all bills and all sessions. Visit the Legislative Archive System status page for details. Please contact the Legislative Reference Library at 512-463-1252 if you have any questions. Information on this website is provided as a public service by the Legislative Reference Library. The Legislative Reference Library makes no representation as to its completeness or accuracy and makes no warranty in regard to its use. Users assume all risk of reliance on the information included on this site.