{"data":{"id":"us-tx/tex.-tax-code-171.9207","jurisdiction":"us-tx","citation":"Tex. Tax Code § 171.9207","heading":"LIMITATION.","body":"The total credit claimed under this subchapter for a report, including the amount of any carryforward under Section 171.9208, may not exceed 50 percent of the amount of tax due for the report before any other applicable tax credits.\nAdded by Acts 2025, 89th Leg., R.S., Ch. 1183 (S.B. 2206), Sec. 1, eff. January 1, 2026.","path":["TAX CODE","TITLE 2. STATE TAXATION","SUBTITLE F. FRANCHISE TAX; CREDITS","CHAPTER 171. FRANCHISE TAX","SUBCHAPTER T. TAX CREDIT FOR CERTAIN RESEARCH AND DEVELOPMENT ACTIVITIES"],"source_url":"https://statutes.capitol.texas.gov/Docs/TX/htm/TX.171.htm#171.9207","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:41Z","sha256":"e0db8e6debd9f74704e0161709a5401b15e2bc75b5aa61749b9a2d2463db0a8f","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-tax-code-171.9206","next":"us-tx/tex.-tax-code-171.9208"},"notice":"GroundRules: Original legal text. Not legal advice."}