Texas § IN.228.252 - LIMIT ON PREMIUM TAX CREDIT
Full text of Texas The Texas Constitution § IN.228.252 — LIMIT ON PREMIUM TAX CREDIT, with citation guidance and answers to common questions.
§ IN.228.252. LIMIT ON PREMIUM TAX CREDIT
LIMIT ON PREMIUM TAX CREDIT. (a) The credit to be applied against state premium tax liability of a certified investor in any one year may not exceed the state premium tax liability of the investor for the taxable year. (b) A certified investor may carry forward any unused credit against state premium tax liability indefinitely until the premium tax credits are used. Added by Acts 2007, 80th Leg., R.S., Ch. 730 (H.B. 2636 ), Sec. 1B.001, eff. April 1, 2009.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § IN.228.252
What does The Texas Constitution § IN.228.252 cover?
Section IN.228.252 ("LIMIT ON PREMIUM TAX CREDIT") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Texas § IN.228.252?
A common citation format is "The Texas Constitution § IN.228.252" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § IN.228.252 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Texas.