Tex. Ins. Code Section 233.0051
Credit

(a)

An entity is eligible for a credit against the entity’s state premium tax liability in the amount and under the limitations provided by this chapter if the entity owns a direct or indirect interest in a qualified development.

(b)

An entity that claims a credit under this chapter is not required to pay any additional retaliatory tax under Chapter 281 (Retaliatory Provisions) as a result of claiming the credit.
Added by Acts 2023, 88th Leg., R.S., Ch. 811 (H.B. 1058), Sec. 2, eff. January 1, 2024.

Source: Section 233.0051 — Credit, https://statutes.­capitol.­texas.­gov/Docs/IN/htm/IN.­233.­htm#233.­0051 (accessed May 26, 2025).

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Verified:
May 26, 2025

§ 233.0051. Credit's source at texas​.gov