Funding Availability

Funding Availability. The mFLEX program is not limited by funding availability, so all applications that meet statutory requirements may be approved by the agency. Certified credit amounts can be taken upon certification as a credit on all tax returns filed by the applicant or its identified affiliates after the certification date. A limit of twenty percent (20%) of the total credit awarded may be applied to withholding tax liability for any given year. Credits may not be used to offset tax liability incurred prior to the certification date.