TTARA Legislative Update – April 11, 2025 As we continue to navigate the legislative session, we want to keep you informed about the latest updates and upcoming hearings. Please note that not all committees have posted their hearing agendas for next week as of this email. Below, you’ll find a summary of the key legislative…

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