Texas Insurance Code

§ 233.0101 — EXPIRATION OF ALLOCATION AUTHORITY; USE OF ALLOCATED CREDITS

IN § 233.0101Title 3. DEPARTMENT FUNDS, FEES, SURCHARGES, AND TAXES · Part B. INSURANCE PREMIUM TAXES · Ch. 233. CREDIT AGAINST CERTAIN TAXES FOR CERTAIN HOUSING DEVELOPMENTS · Art. C. EXPIRATION OF AUTHORITY TO ALLOCATE CREDITS

Statute text

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(a)The authority of the Texas Department of Housing and Community Affairs to reserve credit amounts and issue allocation certificates for purposes of Subchapter K, Chapter 171, Tax Code, and this chapter expires as provided by Section 171.565(a), Tax Code.

(b)An entity may claim a credit under this chapter on a tax report as provided by Section 171.565(b), Tax Code.

Legislative history

Added by Acts 2023, 88th Leg., R.S., Ch. 811 (H.B. 1058), Sec. 2, eff. January 1, 2024.