Texas § TX.171.555 - APPORTIONMENT OF CREDIT

Full text of Texas The Texas Constitution § TX.171.555 — APPORTIONMENT OF CREDIT, with citation guidance and answers to common questions.

§ TX.171.555. APPORTIONMENT OF CREDIT

APPORTIONMENT OF CREDIT. The direct or indirect owners of a qualified development who intend to claim a credit under this subchapter or Chapter 233 , Insurance Code, may by agreement determine the portion of the total amount of credits awarded under Section 171.554 that each owner is entitled to claim. If the owners do not agree, the department shall determine the portion each owner is entitled to claim based on each owner's ownership interest in the qualified development. Added by Acts 2023, 88th Leg., R.S., Ch. 811 (H.B. 1058 ), Sec. 1, eff. January 1, 2024.

Source: official Texas text · Last verified 2026-08-27

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Frequently Asked Questions About Texas § TX.171.555

What does The Texas Constitution § TX.171.555 cover?

Section TX.171.555 ("APPORTIONMENT OF 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 § TX.171.555?

A common citation format is "The Texas Constitution § TX.171.555" (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 § TX.171.555 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.