SB 2206 Makes Sure Texas’ Economy Keeps Pace with the Demands of the 21st Century (Austin, TX) — Today, the Texas Senate unanimously passed Senate Bill 2206 by Senator Paul Bettencourt (R-Houston) on a bipartisan 31-0 vote. SB 2206 strengthens Texas’ commitment to research and development by increasing the R&D franchise tax credit from 5% up to 8.722% — and even higher to 10.903% for research conducted through public or private institutions of higher education. […]
