HB1607 — Relating to a deduction under the franchise tax for certain contracts with the federal government.

HB1607 — Relating to a deduction under the franchise tax for certain contracts with the federal government. · Informed CitizenryHB 1607 amends the Tax Code to provide a franchise tax deduction for certain aerospace costs incurred by taxable entities in the aerospace industry. The bill defines 'aerospace costs' as costs incu…Open in Informed Citizenry