Honorable Richard Peña Raymond, Chair, House Committee on Defense & Veterans' Affairs
FROM:
Jerry McGinty, Director, Legislative Budget Board
IN RE:
HB1795 by Dominguez (relating to the adoption of a veterans’ land bank program by the Texas State Affordable Housing Corporation.), Committee Report 1st House, Substituted
No significant fiscal implication to the State is anticipated.
The bill would amend the Government Code and the Tax Code to establish a veterans' land bank program to be administered by the Texas State Affordable Housing Corporation. The bill would require the corporation to adopt a land bank program and establish or approve a land bank for the purpose of acquiring, holding, and transferring unimproved real property to low-income veteran households.
Local Government Impact
According to the Texas Association of Counties, no significant fiscal implication to counties is anticipated. No significant fiscal implication to other units of local government is anticipated.