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.), As Introduced
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. TDHCA estimates the provisions of the bill would require a cost of $3,780 per year in appropriated receipts.
Local Government Impact
No fiscal implication to units of local government is anticipated.