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Texas House Passes R&D Tax Credit

The Texas House of Representatives passed a bill authorizing a $250 million package of incentives including sales tax exemptions and franchise tax credits for research and development (R&D) activity. A previous version of the credit sunset in 2006, and renewal…

The Marketplace Fairness Act of 2013

Marketplace Fairness Act Passes Senate, Moves on to House On May 6, the Senate voted 69 to 27 to approve the Marketplace Fairness Act of 2013. The measure authorizes states to enforce State and local sales and use tax requirements…
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