Varies
Amount varies
Tax Credit
Reduces tax liability
Rolling
No fixed cutoff
Annual tax return
Claim with year-end filing
Moderate
File with tax return
Texas provides a significant franchise tax reduction for manufacturers, allowing a reduced 0.375% rate versus the standard 0.75% rate. Combined with the Texas Enterprise Zone Program, manufacturers can achieve substantial state tax savings.
Am I eligible?
Answer the questions below to get an instant self-assessment of your fit for this program. This is informational — final determinations are made by the administering agency.
1.Business must qualify as a manufacturer under Texas Tax Code
2.Revenue from manufacturing activities must be primary
3.Must file Texas franchise tax return
4.No minimum employment threshold
5.Texas Enterprise Zone designation provides additional reductions
LPO · United States
Offers federal loan guarantees for innovative clean energy projects that struggle to access conventional financing. Supports first-of-kind commercial-scale projects in renewable energy, storage, advanced nuclear, and industrial decarbonization.
NYSDEC · New York
Provides transferable tax credits for remediating contaminated brownfield sites and redeveloping them for residential, commercial, or industrial use, with enhanced credits for affordable housing and green buildings.
NCDOR · North Carolina
Provides state income tax credits for investments in renewable energy equipment and energy efficiency improvements for business properties in North Carolina, stackable with federal ITC.