SRC-ARR H.B. 2147 76(R) BILL ANALYSIS Senate Research Center H.B. 2147 76R2184 KEL-DBy: Flores (Shapleigh) Natural Resources 5/10/1999 Engrossed DIGEST According to the publication "Bordering the Future" produced by the State Comptroller of Public Accounts in July, 1998, Texas does not have adequate affordable housing. The Texas General Land Office is in charge of managing state-owned property. H.B. 2147 would require the identification of real property owned by the state that is suitable for the development of affordable housing. PURPOSE As proposed, H.B. 2147 requires the identification of real property owned by the state that is suitable for the development of affordable housing. RULEMAKING AUTHORITY This bill does not grant any additional rulemaking authority to a state officer, institution, or agency. SECTION BY SECTION ANALYSIS SECTION 1. Amends Section 31.156, Natural Resources Code, by amending Subsection (b) and adding Subsection (e), to require the asset management division of the general land office (division) to include recommendations addressing the potential for development of the property to provide affordable housing, the potential for commercial or agricultural lease of property, or the potential for any other real estate transaction or use that the division may deem to be in the best interest of the state. Requires the division to consult the Texas Department of Housing and Community Affairs (TDHCA), in determining under Subsection (b) whether property may potentially be developed to provide affordable housing. Requires the division and TDHCA to estimate the current market value of any property identified as having the potential for development to provide affordable housing. SECTION 2. Emergency clause. Effective date: upon passage.