HOUSE BILL 2544 |
HOUSE AUTHOR: Naishtat |
EFFECTIVE: 09-01-01 |
SENATE SPONSOR: Barrientos |
House Bill 2544 amends the Local Government Code to clarify that any political subdivision that acquires or assembles land or real property interests and conveys the land or real property interests to an entity for the development of low-income or moderate-income housing must determine the terms and conditions of such transactions so as to carry out and maintain that public purpose.