LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 83RD LEGISLATIVE REGULAR SESSION

April 22, 2013

TO:	Honorable Harold V. Dutton, Jr., Chair, House Committee on Urban Affairs
FROM:	Ursula Parks, Director, Legislative Budget Board
IN RE:	HB1888 by Anchia (Relating to low income housing tax credits awarded to at-risk developments.), Committee Report 1st House, Substituted

No significant fiscal implication to the State is anticipated.

The bill would amend the Government Code relating low income housing tax credits awarded to at-risk developments.  Based on information provided by the Department of Housing and Community Affairs, it is assumed that 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:

UP, KKR, NV