Texas Tax Code

§ 171.807 — APPLICATION FOR CREDIT

TX § 171.807Title 2. STATE TAXATION · Part F. FRANCHISE TAX; CREDITS · Ch. 171. FRANCHISE TAX · Art. P. STRONG FAMILIES TAX CREDIT

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(a)The comptroller may award a credit to a taxable entity that applies for the credit under this subchapter if the taxable entity is eligible for the credit and the credit is available under Section 171.805(b).

(b)A taxable entity must apply for the credit in the manner prescribed by the comptroller and include with the application any information requested by the comptroller to determine whether the entity is eligible for the credit under this subchapter. The comptroller may adopt rules prescribing the application process for the credit, including rules prescribing:

(1)a process by which the credit is awarded on a first-come, first-served basis;

(2)an enrollment period with application deadlines to submit an application for the credit;

(3)a requirement that a taxable entity must apply for the credit using an electronic application; and

(4)the information required to be submitted with the application for the credit, including the certificate of contribution described by Section 171.804(b).

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Legislative history

Added by Acts 2025, 89th Leg., R.S., Ch. 1149 (S.B. 2018), Sec. 1, eff. June 1, 2026.