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The holder of a state-issued certificate of franchise authority shall pay each municipality in which it provides cable service or video service a franchise fee of five percent based upon the definition of gross revenues as set forth in this chapter.
Franchise fees are not a tax, however, but essentially a form of rent or fee: the price or fee paid to rent use of public right-of-ways. See, e.g., City of St. Louis v.
The municipal franchise charges authorized by this section shall be considered a reasonable and necessary operating expense of each electric utility, transmission and distribution utility, municipally owned utility, or electric cooperative that is subject to a charge under this section.
Franchise Fee (statute and home rule) † The Texas Constitution prohibits cities from giving away city property. (See Texas Const. Art. III, Sec. 52). † Home rule cities –can control the use of city streets, right-of-way, or grounds of the city by granting a franchise. † Some franchise fees are also regulated by statutes (Federal and ...
The Municipal Franchise Fee offsets the costs that local telephone companies must pay municipalities for use of public rights-of-way in Texas. The rate varies based on municipality and type of customer.
Texas is brimming with franchise opportunities. This guide equips you with the essential knowledge to navigate Texas franchise law in 2024. We'll cover registration, the franchisor-franchisee relationship, and strategies to succeed in the Texas market.
Texas Tax Code Section 171.001 imposes franchise tax on each taxable entity that is formed in or doing business in Texas. Taxable entities may need to file franchise tax and information reports each year. See Franchise Tax Rule 3.584 (c) and (i), Margin: Reports and Payments.
