Research & Development (R&D) Bill Set for Hearing The Senate Finance committee has set SB 2206 by Bettencourt for hearing on Wednesday, April 9 at 9:00 a.m. SB 2206 extends and reforms the current R&D Franchise tax credit. Removes the sales tax exemption for R&D and allows for a refundable credit for entities not filing franchise tax. A one-pager…

In this issue Call for Franchise Tax Working Group Data Processing Rule 3.330 to be Published in the Texas Register Amicus Brief Update Call for Franchise Tax Working Group TTARA is forming a Franchise Tax Working Group to address concerns and suggest improvements to the franchise tax credit portion of SB 32. Our first meeting…

Handout at TTARA Legislative Update meeting 3/19/25

PowerPoint Presentation

John W. Diamond, Edward A. and Hermena Hancock Kelly Senior Fellow in Public Finance, Director, Center for Public Finance, Baker Institute Rice University