{"data":{"id":"us-tx/tex.-tax-code-171.9209","jurisdiction":"us-tx","citation":"Tex. Tax Code § 171.9209","heading":"ASSIGNMENT PROHIBITED.","body":"A taxable entity may not convey, assign, or transfer the credit allowed under this subchapter to another entity unless substantially all of the assets of the taxable entity are conveyed, assigned, or transferred in the same transaction.\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#171.9209","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:41Z","sha256":"2d1cf5a328c44064c18ca6a1b88ff9cb4c62ca3b1096821cd9e40e7c3ea2c78f","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-tax-code-171.9208","next":"us-tx/tex.-tax-code-171.9210"},"notice":"GroundRules: Original legal text. Not legal advice."}