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State Franchise Tax Credits for Economic Development Projects

Franchise tax credits for economic development were enacted in 1999 by the 76th Legislature and include a research credit, job creation credit, and investment credit to help large and small-sized businesses. A business locating in Galveston County may qualify for these credits if their firm is primarily engaged in computer services or research, manufacturing, warehousing, or wholesale distribution.

For more information, click on Franchise Tax Credits.