BILL ANALYSIS |
C.S.H.B. 429 |
By: Guillen |
Urban Affairs |
Committee Report (Substituted) |
BACKGROUND AND PURPOSE
Interested parties assert that there is a lack of clarity regarding the term "rural area" as that term applies to an area qualified for the low income housing tax credit program because in other Government Code statutes "rural area" is applied to areas with population counts that are different from the program's definition of "rural area." The parties contend that repealing the definition of "rural area" as it applies to the low income housing tax credit program and clarifying the definition as it relates to the Texas Department of Housing and Community Affairs would expand eligibility for down payment assistance to include more families of low income in rural areas of Texas with significant housing demands. C.S.H.B. 429 seeks to reconcile the various definitions of "rural area" in an effort to increase the allocation of housing assistance in rural areas.
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RULEMAKING AUTHORITY
It is the committee's opinion that this bill does not expressly grant any additional rulemaking authority to a state officer, department, agency, or institution.
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ANALYSIS
C.S.H.B. 429 amends the Government Code to repeal a provision that defines "rural area," for purposes of an application for low income tax credits under the low income housing tax credit program, as an area that is located outside the boundaries of a primary metropolitan statistical area (PMSA) or a metropolitan statistical area (MSA), within the boundaries of a PMSA or MSA if the statistical area has a population of 20,000 or less and does not share a boundary with an urban area, or in an area that is eligible for funding by the Texas Rural Development Office of the U.S. Department of Agriculture.
C.S.H.B. 429 redefines "rural area" as it relates to the Texas Department of Housing and Community Affairs to include an area located in an area eligible for federal financial assistance provided under the federal Housing Act of 1949, rather than in an area eligible for funding by the Texas Rural Development Office of the U.S. Department of Agriculture, other than an area that is located in a municipality with a population of more than 50,000.
C.S.H.B. 429 repeals Section 2306.6702(12), Government Code.
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EFFECTIVE DATE
On passage, or, if the bill does not receive the necessary vote, September 1, 2013.
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COMPARISON OF ORIGINAL AND SUBSTITUTE
While C.S.H.B. 429 may differ from the original in minor or nonsubstantive ways, the following comparison is organized and highlighted in a manner that indicates the substantial differences between the introduced and committee substitute versions of the bill.
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