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A BILL TO BE ENTITLED
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AN ACT
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relating to the scoring criteria for an application for a low income |
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housing tax credit. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 2306.6725(d), Government Code, is |
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amended to read as follows: |
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(d) For each scoring criterion, the department shall use a |
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range of points to evaluate the degree to which a proposed project |
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satisfies the criterion. The department may not award: |
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(1) a number of points for a scoring criterion that is |
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disproportionate to the degree to which a proposed project complies |
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with that criterion; or |
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(2) to a proposed project for the general population a |
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number of points for a scoring criterion that is different than the |
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number of points awarded for that criterion to a proposed project |
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exclusively for elderly persons if the proposed projects comply |
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with the criterion to the same degree. |
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SECTION 2. The change in law made by this Act applies only |
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to an application for low income housing tax credits that is |
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submitted to the Texas Department of Housing and Community Affairs |
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during an application cycle that begins on or after the effective |
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date of this Act. An application that is submitted during an |
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application cycle that began before the effective date of this Act |
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is governed by the law in effect at the time the application cycle |
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began, and the former law is continued in effect for that purpose. |
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SECTION 3. This Act takes effect September 1, 2015. |