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Senate Bill 1992 |
Senate Author: Watson |
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Effective: Vetoed |
House Sponsor: Isaac |
Current law conditions the authority of the governing board of the Texas Department of Housing and Community Affairs to allocate low income housing tax credits to more than one development in a single community in the same calendar year in certain counties on the developments being located more than two linear miles apart. Senate Bill 1992 amends the Government Code to add as an alternative condition under which such allocation is authorized the condition that the developments will serve different types of households and to exclude Travis County from the applicability of the conditions.
Governor's Reason for Veto: "Existing law governing the density of subsidized housing in large cities should remain in place, and Travis County should be subject to the same rules as Bexar, Dallas, Harris, and Tarrant counties."