Texas legislation · 89th Legislature Regular Session
Texas SB2206: Relating to a franchise tax credit for, and the application of sales and use taxes to, certain research and development expenses.
Status: Signed into law, June 22, 2025
What the bill says
An act relating to a franchise tax credit for, and the application of sales and use taxes to, certain research and development expenses.
From the enrolled text, May 28, 2025:
AN ACT relating to a franchise tax credit for, and the application of sales and use taxes to, certain research and development expenses. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: SECTION 1. Chapter 171, Tax Code, is amended by adding Subchapter T to read as follows: [ADDED: SUBCHAPTER T. ][ADDED: ][ADDED: TAX CREDIT FOR CERTAIN RESEARCH AND DEVELOPMENT ] [ADDED: ACTIVITIES] [ADDED: Sec.][ADDED: ][ADDED: 171.9201.][ADDED: ][ADDED: ][ADDED: DEFINITION. In this subchapter, "public or ] [ADDED: private institution of higher education"][ADDED: ][ADDED: means:] [ADDED: (1)][ADDED: ][ADDED: ][ADDED: an institution of higher education, as defined by ] [ or] [ADDED: (2)][ADDED: ][ADDED: ][ADDED: a private or independent institution of higher ] [ADDED: education, as defined by Section 61.003, Education Code.] [ADDED: Sec.][ADDED: ][ADDED: 171.9202.][ADDED: ][ADDED: ][ADDED: QUALIFIED RESEARCH EXPENSE. ][ADDED: ][ADDED: (a) ][ADDED: ][ADDED: In this ] [ADDED: subchapter, "qualified research expense" means, subject to this ] [ADDED: section, the portion of the amount reported by a taxable entity as ] [ADDED: the entity's total qualified research expenses on line 48 of Form ] [ADDED: 6765, that is attributable to research conducted in this state. ][ADDED: ][ADDED: The ] [ADDED: term does not include any amount that is not paid or incurred by the ] [ADDED: taxable entity, a member of the entity's combined group, or a lower …
Sponsors
- Paul Bettencourt (R, SD-007) · primary sponsor
- Joan Huffman (R, SD-017)
- Charlie Geren (R, HD-099)
Latest actions
- : Effective on 1/1/26
- : Signed by the Governor
- : Sent to the Governor
- : Signed in the House
- : Signed in the Senate
- : Reported enrolled
- : House passage reported
- : Statement(s) of vote recorded in Journal
- : Record vote (RV#3864)
- : Passed
Votes
- Ways & Means Committee Vote (Out of committee): 12 yea, 0 nay, passed
- Finance Committee Vote (Out of committee): 13 yea, 0 nay, passed
- Record vote RV#3864 (May 28, 2025): 102 yea, 38 nay, passed
- Record vote RV#3737 (May 27, 2025): 106 yea, 36 nay, passed
- Rules suspended-Three day rule (April 28, 2025): 31 yea, 0 nay, passed
- Read 3rd time (April 28, 2025): 31 yea, 0 nay, passed
Subjects: Taxation--Franchise, Education--Higher--Institutions & Programs, COMPTROLLER OF PUBLIC ACCOUNTS, RESEARCH & DEVELOPMENT, Taxation--Sales, Education--Higher--Private Schools
Common questions
- What is SB2206?
- SB2206 is a bill in the Texas Legislature (89th Legislature Regular Session): Relating to a franchise tax credit for, and the application of sales and use taxes to, certain research and development expenses.
- What does SB2206 do?
- In its own words: An act relating to a franchise tax credit for, and the application of sales and use taxes to, certain research and development expenses.
- What is the status of SB2206?
- Signed into law as of June 22, 2025. Latest action: Effective on 1/1/26 (June 22, 2025).
- Who sponsored SB2206?
- Paul Bettencourt (R, SD-007), with 2 co-sponsors.
- Where is the official record for SB2206?
- On the Texas Legislature website: https://capitol.texas.gov/BillLookup/History.aspx?LegSess=89R&Bill=SB02206
Source: official Texas record. Tracked by Delilah, AI for legislation across all 50 states and Congress.