Franchise Tax Credit Claims Under SB 441 - Tables
March 2007
Table 1
Franchise Tax Credits Earned by Taxpayers
Report Years 2001 to 2006
| Credit | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 6-Year Total |
|---|---|---|---|---|---|---|---|
| Child-Care | $1,701,578 | $977,197 | $706,843 | $873,538 | $852,050 | $1,239,157 | $6,350,362 |
| School Programs | 3,344 | 2,253 | 6,507 | 3,711 | 19,318 | 67,869 | 103,002 |
| Research & Development | 79,293,287 | 85,209,266 | 95,303,724 | 71,478,960 | 66,727,779 | 50,231,220 | 448,244,235 |
| Job Creation | 1,500,482 | 968,885 | 716,439 | 1,730,419 | 2,005,040 | 1,316,785 | 8,238,049 |
| Investment | 28,366,453 | 50,109,066 | 98,456,374 | 142,038,462 | 131,040,290 | 158,181,096 | 608,191,741 |
| Total for all credits | $110,865,143 | $137,266,667 | $195,189,887 | $216,125,090 | $200,644,475 | $211,036,127 | $1,071,127,389 |
Table 2
Franchise Tax Credits Used by Taxpayers
Report Years 2001 to 2006
| Credit | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 6-Year Total |
|---|---|---|---|---|---|---|---|
| Child-Care | $240,759 | $342,604 | $330,691 | $476,775 | $419,618 | $378,029 | $2,188,477 |
| School Programs | 3,344 | 2,253 | 6,507 | 3,711 | 19,318 | 67,869 | 103,002 |
| Research & Development | 10,363,668 | 15,368,372 | 17,392,275 | 15,619,468 | 21,490,249 | 18,136,432 | 98,370,463 |
| Job Creation | 1,137,445 | 796,964 | 877,187 | 1,189,314 | 1,884,508 | 1,292,336 | 7,177,755 |
| Investment | 8,665,171 | 15,110,518 | 18,755,548 | 39,725,519 | 42,111,627 | 23,331,766 | 147,700,149 |
| Total for all credits | $20,410,387 | $31,620,712 | $37,362,208 | $57,014,787 | $65,925,320 | $43,206,431 | $255,539,846 |
Table 3
Child-Care Tax Credits Earned
by Standard Industrial Classification
Report Years 2001 to 2006 Combined
| SIC | Description | Number of Corporations | Credits Earned |
|---|---|---|---|
| 59 |
Miscellaneous retail | 4 |
$1,839,918 |
| 73 |
Business services | 7 |
1,048,415 |
| 80 |
Health services | 6 |
355,166 |
| 87 |
Engineering/accounting/ research services |
5 |
646,067 |
| - |
Other | 32 |
2,460,796 |
| Total | 54 |
$6,350,362 | |
Table 4
Geographic Distribution of Qualifying
Child-Care Expenditures
Report Years 2001 to 2006 Combined
| County | Expenditures |
|---|---|
| Austin | $56,289 |
| Bexar | 2,534,189 |
| Bowie | 80,581 |
| Brazos | 104,293 |
| Burnet | 67,061 |
| Collin | 362,667 |
| Dallas | 2,169,969 |
| Denton | 781,080 |
| Hansford | 2,940 |
| County | Expenditures |
|---|---|
| Harris | $3,856,456 |
| Haskell | 75,674 |
| Hunt | 15,765 |
| Johnson | 9,832 |
| McLennan | 10,858 |
| Rockwall | 18,300 |
| Tarrant | 475,096 |
| Travis | 1,829,673 |
| Val Verde | 250,000 |
| Total | $12,700,723 |
Table 5
Research and Development Tax Credits
Earned by Standard Industrial Classification
Report Years 2001 to 2006 Combined
| SIC | Description | Number of Corporations |
Credits Earned |
|---|---|---|---|
| 13 |
Oil and gas extraction | 18 |
$11,035,281 |
| 17 |
Construction-special trade contractors | 5 |
94,712 |
| 20 |
Manufacturing-food and kindred products | 18 |
1,445,156 |
| 28 |
Manufacturing-chemicals & allied products | 40 |
28,197,422 |
| 29 |
Manufacturing-petroleum refining | 4 |
2,307,464 |
| 32 |
Manufacturing-stone, clay, glass & concrete | 6 |
616,585 |
| 33 |
Manufacturing-primary metals | 11 |
18,162,833 |
| 34 |
Manufacturing-fabricated metal products | 22 |
3,324,906 |
| 35 |
Manufacturing-machinery & computer equipment | 44 |
8,058,185 |
| 36 |
Manufacturing-electronics | 66 |
158,488,296 |
| 37 |
Manufacturing-transportation equipment | 14 |
6,238,358 |
| 38 |
Manufacturing-instruments | 31 |
3,521,225 |
| 39 |
Miscellaneous manufacturing | 36 |
8,258,533 |
| 48 |
Communications | 22 |
17,955,624 |
| 50 |
Wholesale trade-durable goods | 49 |
25,437,622 |
| 51 |
Wholesale trade-nondurable goods | 29 |
5,382,003 |
| 54 |
Retail trade-food stores | 5 |
477,275 |
| 57 |
Retail trade-home furniture & furnishings | 22 |
9,755,103 |
| 59 |
Miscellaneous retail | 27 |
2,464,349 |
| 73 |
Business services | 235 |
117,099,275 |
| 80 |
Health services | 5 |
237,071 |
| 87 |
Engineering/accounting/research services | 77 |
14,153,902 |
| 89 |
Miscellaneous services | 4 |
90,170 |
| - |
Other | 33 |
5,442,885 |
| Total | 823 |
$448,244,235 | |
Table 6
Geographic Distribution of Qualifying
Research and Development Expenditures
Report Years 2001 to 2006 Combined
| County | Expenditures |
|---|---|
| Angelina | $636,307 |
| Aransas | 1,157,782 |
| Austin | 82,029,115 |
| Bandera | 327,042 |
| Bell | 31,212,865 |
| Bexar | 184,965,136 |
| Borden | 147 |
| Bosque | 533,176 |
| Brazoria | 99,768,542 |
| Brazos | 19,161,587 |
| Burnet | 5,405,868 |
| Caldwell | 1,255,690 |
| Calhoun | 280,882,760 |
| Cameron | 116,568,824 |
| Chambers | 7,055,588 |
| Collin | 2,330,077,293 |
| Colorado | 1,018,155 |
| Comal | 27,363 |
| Dallas | 5,369,960,063 |
| Deaf Smith | 1,150,607 |
| Denton | 29,953,148 |
| Ector | 3,538,767 |
| Ellis | 141,894 |
| El Paso | 7,768,645 |
| Fannin | 1,591,598 |
| Fayette | 853,432 |
| Fort Bend | 379,404,040 |
| Galveston | 29,226,807 |
| Gillespie | 2,977 |
| Gonzales | 1,390,068 |
| County | Expenditures |
|---|---|
| Grayson | 25,052,678 |
| Gregg | 890,892 |
| Guadalupe | 1,522,621 |
| Hale | 1,878,817 |
| Harris | 1,628,384,547 |
| Harrison | 3,486,185 |
| Haskell | 24,855,074 |
| Hays | 2,926,467 |
| Hidalgo | 70,054 |
| Hood | 28,878 |
| Houston | 64,830,301 |
| Hunt | 40,868,884 |
| Jefferson | 67,323,448 |
| Johnson | 969,532 |
| Kaufman | 22,875 |
| Kendall | $975 |
| Kerr | 117,476 |
| Kleberg | 12,904 |
| Leon | 3,616,650 |
| Liberty | 19,310,029 |
| Limestone | 5,528,530 |
| Lubbock | 2,970,447 |
| McLennan | 39,655,587 |
| Medina | 2,611 |
| Midland | 564,197 |
| Montgomery | 279,474,131 |
| Moore | 6,355,092 |
| Nacogdoches | 1,954,431 |
| Navarro | 1,421,563 |
| Nueces | 1,448,716 |
| County | Expenditures |
|---|---|
| Orange | 36,179,351 |
| Palo Pinto | 983,442 |
| Panola | 483,785 |
| Parker | 9,899,157 |
| Potter | 3,014,933 |
| Randall | 320,075 |
| Rockwall | 3,472,300 |
| Runnels | 38,058 |
| Scurry | 1,062,955 |
| Smith | 75,597,256 |
| Starr | 10,371 |
| Stephens | 289,072 |
| Tarrant | 1,060,584,643 |
| Taylor | 114,219 |
| Terrell | 51,454 |
| Tom Green | 102,406,071 |
| Travis | 5,693,755,630 |
| Uvalde | 820,098 |
| Victoria | 4,937,592 |
| Walker | 1,843 |
| Waller | 8,140,389 |
| Washington | 80,638 |
| Webb | 13,758 |
| Wharton | 436,749 |
| Wichita | 13,724,407 |
| Wilbarger | 625,765 |
| Williamson | 48,507,642 |
| Wilson | 3,108,771 |
| Winkler | 3,159 |
| Total | $18,281,273,461 |
Table 7
Job Creation Tax Credits
by Standard Industrial Classification
Report Years 2001 to 2006 Combined
| SIC | Description | Number of Corporations | Number of Jobs Created |
Credits Earned |
|---|---|---|---|---|
| 20 |
Manufacturing-food and kindred products | 7 |
585 | $946,282 |
| 33 |
Manufacturing-primary metals | 5 |
236 | 396,469 |
| 35 |
Manufacturing-machinery & computer equipment | 7 |
333 | 1,032,274 |
| 50 |
Wholesale trade-durable goods | 6 |
180 | 555,295 |
| 73 |
Business services | 6 |
358 | 1,865,852 |
| - |
Other | 31 |
2,383 | 3,441,877 |
| Total | 62 |
4,075 | $8,238,049 | |
Table 8
Geographic Distribution
of Wages Paid for Qualifying Jobs
Job Creation Tax Credit
Report Years 2001 to 2006 Combined
| County | Wages Paid |
|---|---|
| Angelina | $3,563,191 |
| Bexar | 31,183,189 |
| Brazoria | 4,858,529 |
| Burnet | 8,315 |
| Calhoun | 1,584,242 |
| Cameron | 1,394,801 |
| Cass | 686,533 |
| Dallam | 322,500 |
| Dallas | 9,110,910 |
| Deaf Smith | 550,676 |
| Ector | 422,600 |
| Ellis | 19,123 |
| El Paso | 3,834,340 |
| Erath | 1,534,202 |
| County | Wages Paid |
|---|---|
| Fort Bend | 55,354 |
| Gaines | 259,825 |
| Galveston | 10,424 |
| Grayson | 3,103,325 |
| Gregg | 8,954,115 |
| Harris | 25,875,767 |
| Harrison | 7,449,123 |
| Hidalgo | 9,866,193 |
| Hunt | $3,340,197 |
| Hutchinson | 37,609 |
| Jefferson | 3,233,891 |
| Kaufman | 789,375 |
| Liberty | 544,564 |
| McLennan | 71,203 |
| Montgomery | 42,200 |
| County | Wages Paid |
|---|---|
| Navarro | 1,829,632 |
| Nolan | 691,942 |
| Nueces | 3,321,558 |
| Orange | 133,582 |
| Palo Pinto | 24,960 |
| Potter | 436,122 |
| Smith | 178,275 |
| Travis | 510,006 |
| Uvalde | 72,756 |
| Val Verde | 250,553 |
| Webb | 486,625 |
| Wharton | 1,239,515 |
| Wichita | 5,636,919 |
| Wood | 1,661,808 |
| Total | $139,180,569 |
Table 9
Capital Investment Tax Credits Earned
by Standard Industrial Classification
Report Years 2001 to 2006 Combined
| SIC | Description | Number of Corporations |
Credits Earned |
|---|---|---|---|
| 7 |
Agricultural services | 4 |
$75,624 |
| 13 |
Oil and gas extraction | 4 |
31,813,328 |
| 20 |
Manufacturing-food and kindred products | 19 |
17,405,725 |
| 26 |
Manufacturing-paper and allied products | 7 |
1,881,056 |
| 28 |
Manufacturing-chemicals & allied products | 23 |
185,916,407 |
| 29 |
Manufacturing-petroleum refining | 4 |
109,957,173 |
| 30 |
Manufacturing-rubber and plastic products | 5 |
7,482,170 |
| 32 |
Manufacturing-stone, clay, glass & concrete | 9 |
8,669,851 |
| 33 |
Manufacturing-primary metals | 10 |
11,762,028 |
| 34 |
Manufacturing-fabricated metal products | 5 |
447,027 |
| 35 |
Manufacturing-machinery & computer equipment | 12 |
4,917,510 |
| 36 |
Manufacturing-electronics | 4 |
5,395,018 |
| 37 |
Manufacturing-transportation equipment | 9 |
1,292,551 |
| 39 |
Miscellaneous manufacturing | 7 |
1,959,243 |
| 50 |
Wholesale trade-durable goods | 11 |
63,882,761 |
| 51 |
Wholesale trade-nondurable goods | 9 |
129,553,492 |
| 73 |
Business services | 4 |
1,602,782 |
| - |
Other | 21 |
24,172,995 |
| Total | 167 |
$608,186,741 | |
Table 10
Geographic Distribution of Qualifying Investments
Capital Investment Tax Credits
Report Years 2001 to 2006 Combined
| County | Investments |
|---|---|
| Angelina | $81,235,008 |
| Aransas | 160,722 |
| Bailey | 13,530,871 |
| Bee | 18,823 |
| Bexar | 49,802,988 |
| Borden | 34,514,029 |
| Bowie | 20,853,385 |
| Brazoria | 3,560,832,961 |
| Briscoe | 11,843 |
| Brooks | 293,360 |
| Brown | 11,002,549 |
| Burnet | 27,822 |
| Caldwell | 277,281 |
| Calhoun | 1,231,560,686 |
| Cameron | 42,026,006 |
| Camp | 126,235 |
| Cass | 38,729,643 |
| Chambers | 16,544 |
| Comal | 13,662 |
| Cooke | 635,426 |
| Coryell | 22,302 |
| Crane | 64,355 |
| Dallam | 6,663,912 |
| Dallas | 172,824,124 |
| Deaf Smith | 137,804 |
| Dimmitt | 65,476 |
| Donley | 779,524 |
| Duval | 204,528 |
| Eastland | 764,503 |
| Ector | 71,662,193 |
| Ellis | 114,505 |
| El Paso | 86,070,611 |
| Erath | 35,111,627 |
| Fannin | 3,681,419 |
| Floyd | 105,630 |
| Fort Bend | 462,521 |
| Franklin | 106,747 |
| Gaines | 2,550,273 |
| County | Investments |
|---|---|
| Galveston | 353,843,863 |
| Gonzales | 395,878 |
| Grayson | 16,070,181 |
| Gregg | 33,871,378 |
| Hale | 39,880,623 |
| Hall | 375,559 |
| Hardin | 4,147,177 |
| Harris | 331,490,831 |
| Harrison | 151,165,112 |
| Hidalgo | 106,761,782 |
| Hill | 13,149 |
| Hockley | 1,108,567 |
| Howard | 7,575,456 |
| Hudspeth | 24,934,830 |
| Hutchinson | 415,706,654 |
| Irion | 644,187 |
| Jasper | 19,798,802 |
| Jefferson | 2,802,706,051 |
| Jim Hogg | $88,735 |
| Jim Wells | 2,687,892 |
| Kaufman | 7,486,849 |
| Kinney | 17,952 |
| Kleberg | 705,992 |
| Knox | 605,968 |
| Lamar | 66,385,672 |
| La Salle | 74,125 |
| Leon | 174,781,566 |
| Liberty | 17,910,553 |
| Marion | 7,175,526 |
| Matagorda | 235,572 |
| Maverick | 392,147 |
| McLennan | 3,032,407 |
| Midland | 14,594 |
| Milam | 226,899 |
| Moore | 1,696,686 |
| Morris | 42,961,030 |
| Navarro | 48,562,208 |
| Nolan | 2,793,208 |
| County | Investments |
|---|---|
| Nueces | 54,902,578 |
| Orange | 79,500,233 |
| Panola | 9,067,117 |
| Pecos | 4,337,999 |
| Polk | 11,542,783 |
| Potter | 8,125,979 |
| Presidio | 85,589 |
| Red River | 412,149 |
| Reeves | 1,273,187 |
| Robertson | 3,401,179 |
| Rusk | 3,035,416 |
| Sabine | 50,255,210 |
| San Patricio | 36,512,336 |
| Scurry | 10,650,828 |
| Shelby | 501,081 |
| Smith | 11,615,876 |
| Somervell | 942 |
| Tarrant | 5,079,817 |
| Terry | 6,731,795 |
| Titus | 35,528 |
| Tom Green | 9,935,306 |
| Travis | 1,530,984 |
| Upshur | 105,063 |
| Uvalde | 230,444 |
| Val Verde | 3,426 |
| Waller | 2,810,436 |
| Ward | 709,598 |
| Webb | 15,601,699 |
| Wharton | 4,351,550 |
| Wichita | 41,651,029 |
| Wilson | 3,233 |
| Winkler | 359,255 |
| Wood | 38,702,996 |
| Yoakum | 1,553,365 |
| Zapata | 117,588 |
| Zavala | 67,813 |
| Total | $10,570,188,966 |