79R6677 QS-D

By:  Van Arsdale                                                  H.B. No. 1998


A BILL TO BE ENTITLED
AN ACT
relating to the timing of hearings and community meetings regarding applications for an allocation of low income housing tax credits. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: SECTION 1. Section 2306.6717(c), Government Code, is amended to read as follows: (c) The department shall hold at least three public hearings in different regions of the state to receive public comments on applications and on other issues relating to the low income housing tax credit program. The department may not schedule a hearing required by this subsection during the period beginning on the 30th day before the date a regular legislative session convenes and ending on the 30th day after the date of final adjournment. SECTION 2. Section 2306.6718(c), Government Code, is amended to read as follows: (c) A member of the legislature who represents the community containing the development may hold a community meeting at which the department shall provide appropriate representation. The department shall organize the housing tax credit application process in such a way that community meetings under this subsection need not occur during the period beginning on the 30th day before the date a regular legislative session convenes and ending on the 30th day after the date of final adjournment. SECTION 3. Section 2306.6724, Government Code, is amended by adding Subsection (g) to read as follows: (g) To the extent consistent with federal law, the department shall modify the deadlines provided by this section as necessary so that department hearings and community meetings on applications for an allocation of housing tax credits are not or need not be held during the period beginning on the 30th day before the date a regular legislative session convenes and ending on the 30th day after the date of final adjournment. SECTION 4. This Act takes effect September 1, 2005.