Bill > HB3232

This bill establishes a "Strong Families Tax Credit" program that allows certain taxpayers (including alcohol beverage businesses, insurance companies, and tax-paying entities) to receive tax credits for making designated monetary contributions to specific nonprofit organizations. Eligible organizations must be 501(c)(3) nonprofits that have provided comprehensive case management services for at-risk families and father engagement programs in Texas for at least three years. The organizations must pass background checks, spend at least 95% of contributions on direct services, and cannot provide abortion services. The total tax credits available statewide are limited to $10 million, with individual entities capped at claiming credits for up to $1 million in contributions. Taxpayers can apply for credits against their tax liability and can carry forward unused credits for up to five consecutive reporting periods. The program will begin on January 1, 2026, and is set to expire on January 1, 2028, with credits still valid for contributions made before the expiration date. The Health and Human Services Commission will certify eligible organizations, and the Comptroller will manage the credit allocation on a first-come, first-served basis.

Budget and Finance

https://capitol.texas.gov/BillLookup/History.aspx?LegSess=89R&Bill=HB3232