Texas HB 4425: Relating to the exemption for depreciable tangible personal property used in qualified research from the sales and use tax and the tax credit for certain research and development credit activities for franchise tax purposes.

Status: Referred to Ways & Means (as of 2019-03-26)

State: Texas · Session: 86 · Bill: HB 4425

Subjects: Property Interests--Personal Property (I0600), Taxation--Franchise (I0807), Taxation--Property-Exemptions (I0793), Taxation--Sales (I0800), RESEARCH & DEVELOPMENT (S0135)

Sponsors: Longoria

View Texas HB 4425 on LegisTrack → — full text, sponsors, votes, campaign finance, and cross-state matches.