Texas § TX.171.806 - CARRYFORWARD

Full text of Texas The Texas Constitution § TX.171.806 — CARRYFORWARD, with citation guidance and answers to common questions.

§ TX.171.806. CARRYFORWARD

CARRYFORWARD. (a) If a taxable entity is awarded a credit that exceeds the limitation under Section 171.805 (a), the entity may carry the unused credit forward for not more than five consecutive reports. (b) A carryforward is considered the remaining portion of a credit awarded to a taxable entity that cannot be claimed on a report because of the limitation under Section 171.805 (a). Added by Acts 2025, 89th Leg., R.S., Ch. 1149 (S.B. 2018 ), Sec. 1, eff. June 1, 2026.

Frequently Asked Questions About Texas § TX.171.806

What does The Texas Constitution § TX.171.806 cover?

Section TX.171.806 ("CARRYFORWARD") 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.171.806?

A common citation format is "The Texas Constitution § TX.171.806" (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.171.806 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.