Tex. Tax Code § 171.556 — LENGTH OF CREDIT; LIMITATION

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