Section 172.107 - Carryforward(a) If an entity is eligible for a credit that exceeds the limitation under Section 172.106(b) , the entity may carry the unused credit forward for not more than five consecutive reports. (b) A carryforward is considered the remaining portion of a credit that cannot be claimed in the current year because of the limitation under Section 172.106(b) . Renumbered from Tex. Tax Code § 171.906 and amended by Acts 2023, Texas Acts of the 88th Leg.- Regular Session, ch. 83,Sec. 2, eff. 9/1/2023, app. The changes in law do not affect the validity of a credit that accrued under Subchapter S, Chapter 171, Tax Code, before the effective date of this Act..Added by Acts 2013, 83rd Leg., R.S., Ch. 1232 (H.B. 500), Sec. 14(a), eff. January 1, 2015.