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A BILL TO BE ENTITLED
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AN ACT
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relating to the reporting of multifamily housing development |
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information to the Texas Department of Housing and Community |
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Affairs. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Subchapter L, Chapter 2306, Government Code, is |
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amended by adding Section 2306.2631 to read as follows: |
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Sec. 2306.2631. REPORTS BY SPONSORS OF CERTAIN MULTIFAMILY |
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HOUSING DEVELOPMENTS. (a) This section applies only to a housing |
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sponsor of a multifamily housing development that: |
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(1) receives financial assistance from the state; |
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(2) receives financial assistance from the federal |
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government, including an allocation of low income housing tax |
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credits; or |
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(3) is subject to a land use restriction agreement. |
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(b) The department by rule shall require the housing sponsor |
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of a multifamily housing development to submit a quarterly report |
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to the department. The report must include information that |
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identifies: |
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(1) the number of vacant units in the development at |
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the time of the report; and |
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(2) the number of days that each unit has been vacant. |
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(c) The department shall provide to each member of the |
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legislature, on request of that member, a report that disaggregates |
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the information collected under Subsection (b) by zip code in the |
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member's district. |
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SECTION 2. This Act takes effect immediately if it receives |
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a vote of two-thirds of all the members elected to each house, as |
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provided by Section 39, Article III, Texas Constitution. If this |
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Act does not receive the vote necessary for immediate effect, this |
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Act takes effect September 1, 2009. |