Amend Floor Amendment No. 7 by Ehrhardt to CSHB 3449 in
proposed Subchapter DD, Chapter 2306, Government Code, by adding an
appropriately numbered section and renumbering the subsequent
sections accordingly:
      Sec. 2306.6791.  MINORITY COMPANIES.  (a) The department
shall require that a person who receives an allocation of housing
tax credits must attempt to ensure that at least 30% of the
development, construction and management companies with which the
person does business are minority-owned companies.
      (b) A person who receives an allocation of housing tax
credits must reporttothe department at least every ninety days
regarding the percentage ofminority-owned companies with which the
person is doing business.