(a) Subject to Subsection (b), the amount of a taxable entity's credit for a report is equal to the lesser of:
- (1) the amount of credit awarded to the entity under Section 171.807; or
- (2) the amount of franchise tax due for the report after applying all other applicable credits.
- (b) The total amount of strong families credits awarded may not exceed $5 million each year.
Added by Acts 2025, 89th Leg., R.S., Ch. 1149 (S.B. 2018), Sec. 1, eff. June 1, 2026.