{"data":{"id":"us-tx/tex.-tax-code-171.556","jurisdiction":"us-tx","citation":"Tex. Tax Code § 171.556","heading":"LENGTH OF CREDIT; LIMITATION.","body":"(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.\n(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.\nAdded by Acts 2023, 88th Leg., R.S., Ch. 811 (H.B. 1058), Sec. 1, eff. January 1, 2024.","path":["TAX CODE","TITLE 2. STATE TAXATION","SUBTITLE F. FRANCHISE TAX; CREDITS","CHAPTER 171. FRANCHISE TAX","SUBCHAPTER K. TAX CREDIT FOR CERTAIN HOUSING DEVELOPMENTS"],"source_url":"https://statutes.capitol.texas.gov/Docs/TX/htm/TX.171.htm#171.556","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:41Z","sha256":"49da63cb7376010338694b88f6db5a86e3960ddeec7bcf085f5a7eaa925c15fb","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-tax-code-171.555","next":"us-tx/tex.-tax-code-171.557"},"notice":"GroundRules: Original legal text. Not legal advice."}