This website will be unavailable from Thursday, May 30, 2024 at 6:00 p.m. through Monday, June 3, 2024 at 7:00 a.m. due to data center maintenance.
Amend CSHB 3576 (senate committee report) as follows:
(1) In SECTION 5 of the bill, strike added Section 2306.6726(b)(2)(A), Government Code (page 2, lines 60 through 62), and substitute the following:
(A) is described by Section 2306.6706;
(2) In SECTION 5 of the bill, in added Section 2306.6726(b)(2)(B), Government Code (page 2, line 64), between the semicolon and "and", insert the following:
or
(C) is a tenant organization;
(3) In SECTION 5 of the bill, in amended Section 2306.6726(c), Government Code (page 3), strike lines 7 through 18 and substitute the following:
after the expiration of the compliance period] if a qualified entity [nonprofit organization or tenant organization] does not offer to purchase the development for a price that the department determines to be reasonable [property at the minimum price provided by Section 42(i)(7), Internal Revenue Code of 1986 (26 U.S.C. Section 42(i)(7)), and the department declines to purchase the property].