Principle Criteria
Free Enterprise
Property Rights
Personal Responsibility
Limited Government
Individual Liberty
Digest
HB 4393 establishes a franchise tax credit for certain research and development activities conducted in Texas. It defines qualified research expenses and outlines the method for calculating tax credits, including higher credit percentages for research conducted in partnership with Texas universities. The bill also specifies provisions for businesses that owe no franchise tax but qualify for refundable credits.
Author (1)
Charlie Geren
Contact the Author
Rep. Charlie Geren
Capitol Phone:
(512) 463-0610
Capitol Office:
CAP GW.15
E-Mail:
