Sec. 159.103. EXEMPTION  


Latest version.
  • The possession, purchase, acquisition, importation, manufacture, or production of a taxable substance is exempt from the tax imposed by this chapter if the activity is authorized by law.

Added by Acts 1989, 71st Leg., ch. 1152, Sec. 1, eff. Sept. 1, 1989. Amended by Acts 1995, 74th Leg., ch. 1000, Sec. 58, eff. Oct. 1, 1995.