LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 78TH LEGISLATIVE REGULAR SESSION

Revision 1

May 12, 2003

TO:	Honorable Robert Talton, Chair, House Committee on Urban Affairs
FROM:	John Keel, Director, Legislative Budget Board
IN RE:	HB1632 by Mercer (Relating to the administration of the low income housing tax credit program by the Texas Department of Housing and Community Affairs and to other departmental functions.), Committee Report 1st House, Substituted

No significant fiscal implication to the State is anticipated.

Based on the analysis of the Texas Department of Housing and Community Affairs (TDHCA), duties and responsibilities associated with implementing the provisions of the bill could be accomplished by utilizing existing resources.

Local Government Impact

No fiscal implication to units of local government is anticipated.

Source Agencies:

332 Department of Housing and Community Affairs

LBB Staff:

JK, DLBa, RT, DE