Texas § 171.556 LENGTH OF CREDIT; LIMITATION.

Texas Statutes

§ 171.556 — LENGTH OF CREDIT; LIMITATION.

Texas § 171.556

Code TXTax Code

This text of Texas § 171.556 (LENGTH OF CREDIT; LIMITATION.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Tex. Tax Code Code Ann. § 171.556 (2026).

Text

Sec. 171.556. LENGTH OF CREDIT; LIMITATION.

(a)A taxable entity entitled to a credit under this subchapter shall claim the credit in equal installments during each year of the credit period.

(b)The total credit claimed under this subchapter for a report, including any carry forward or backward under Section 171.557 , may not exceed the amount of tax due for the report after any other applicable credit.

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Sec. 171.556. LENGTH OF CREDIT; LIMITATION. (a) A taxable entity entitled to a credit under this subchapter shall claim the credit in equal installments during each year of the credit period.
(b) The total credit claimed under this subchapter for a report, including any carry forward or backward under Section 171.557 , may not exceed the amount of tax due for the report after any other applicable credit.