Texas § TX.171.9205 - CREDIT FOR CERTAIN TAXABLE ENTITIES THAT OWE NO TAX
Full text of Texas The Texas Constitution § TX.171.9205 — CREDIT FOR CERTAIN TAXABLE ENTITIES THAT OWE NO TAX, with citation guidance and answers to common questions.
§ TX.171.9205. CREDIT FOR CERTAIN TAXABLE ENTITIES THAT OWE NO TAX
CREDIT FOR CERTAIN TAXABLE ENTITIES THAT OWE NO TAX. (a) A taxable entity that incurs qualified research expenses during a period for which the entity is not required to pay the tax imposed by this chapter under Section 171.001 (d) or 171.002 (d) may calculate the amount of the credit to which the entity would otherwise be entitled under this subchapter on a report and receive that amount as a refundable credit. (b) In determining the amount of the credit that may be refunded to a taxable entity under Subsection (a) of this section, the limitation prescribed by Section 171.9207 does not apply. (c) Notwithstanding Section 171.204 (b), a taxable entity must apply for a credit under this section on or with the report for the period for which the credit is claimed or, if the entity does not file a report for the applicable period, on a form adopted by the comptroller. The form must be submitted to the comptroller on or before the date a report for the period for which the credit is claimed would be due. Added by Acts 2025, 89th Leg., R.S., Ch. 1183 (S.B. 2206 ), Sec. 1, eff. January 1, 2026.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § TX.171.9205
What does The Texas Constitution § TX.171.9205 cover?
Section TX.171.9205 ("CREDIT FOR CERTAIN TAXABLE ENTITIES THAT OWE NO TAX") 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.171.9205?
A common citation format is "The Texas Constitution § TX.171.9205" (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.171.9205 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.