Tex. Tax Code § 171.556

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 171.556 - Length Of Credit; Limitation
(a) A taxable entity entitled to a credit under this subchapter shall claim the credit in equal installments during each year of the credit period.
(b) The total credit claimed under this subchapter for a report, including any carry forward or backward under Section 171.557, may not exceed the amount of tax due for the report after any other applicable credit.

Tex. Tax Code § 171.556

Added by Acts 2023, Texas Acts of the 88th Leg.- Regular Session, ch. 811,Sec. 1, eff. 1/1/2024, app. only to a tax report originally due on or after January 1, 2026, and before January 1, 2036.