Tex. Tax Code § 171.501 · Subchapter J. REFUNDS
REFUND FOR JOB CREATION IN ENTERPRISE ZONE.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) A corporation that has been certified a qualified business as provided by Chapter 2303, Government Code, may apply for and be granted a refund of franchise tax paid with an initial or annual report if the governing body certifies to the comptroller that the business has created 10 or more new jobs held by qualified employees during the calendar year that contains the end of the accounting period on which the report is based.
(b) Only qualified businesses that have been certified as eligible for a refund under this section by the governing body to the comptroller are entitled to the refund.
(c) Repealed by Acts 2003, 78th Leg., ch. 814, Sec. 6.01(10).
(d) The amount of a refund under this section is the lesser of $5,000 or 25 percent of the amount of franchise tax due for any one privilege period before any other applicable credits. For purposes of this subsection, the initial and second periods are considered to be the same privilege period.
(e) In this section:
(1) "Enterprise zone" and "qualified employee" have the meanings assigned to those terms by Section 2303.003, Government Code.
(2) "Governing body" means the governing body of a municipality or county that applied to have the project or activity of a qualified business designated as an enterprise project under Section 2303.405, Government Code.
(3) "New job" has the meaning assigned "permanent new job" by Section 2303.401, Government Code.
(4) "Qualified business" means a person that is certified as a qualified business under Section 2303.402, Government Code.
Notes and commentary — not statutory text
History
Added by Acts 1989, 71st Leg., ch. 1106, Sec. 25, eff. Sept. 1, 1991. Amended by Acts 1993, 73rd Leg., ch. 268, Sec. 44, eff. Sept. 1, 1993; Acts 1995, 74th Leg., ch. 76, Sec. 5.59, 5.95(22), eff. Sept. 1, 1995; Acts 1999, 76th Leg., ch. 1467, Sec. 2.61, eff. Jan. 1, 2000; Acts 2001, 77th Leg., ch. 1263, Sec. 63, eff. Jan. 1, 2002; Acts 2003, 78th Leg., ch. 814, Sec. 3.58, 3.59, 6.01(10), eff. Sept. 1, 2003.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/TX/htm/TX.171.htm
- Text hash
- sha256 588859b2fd9f0cebfab9976f1cf01b59f8a42a7925b6ab6bfc07d5a2dfc9b283
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
This section cites
Provisions in this library that the text above cites, as it prints each citation. A range cited as “ss. 61.13-61.16” links its first and last provisions.
Government Code
- Tex. Gov't Code ch. 2303ENTERPRISE ZONESPrinted as Chapter 2303, Government Code
- Tex. Gov't Code § 2303.003DEFINITIONS.Printed as Section 2303.003, Government Code
- Tex. Gov't Code § 2303.401DEFINITIONS.Printed as Section 2303.401, Government Code
- Tex. Gov't Code § 2303.402QUALIFIED BUSINESS.Printed as Section 2303.402, Government Code
- Tex. Gov't Code § 2303.405APPLICATION FOR ENTERPRISE PROJECT DESIGNATION.Printed as Section 2303.405, Government Code
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.