Honorable Joe Straus, Speaker of the House, House of Representatives
FROM:
Ursula Parks, Director, Legislative Budget Board
IN RE:
HB3311 by Alvarado (Relating to the scoring criteria for an application for a low income housing tax credit and the allocation of those credits to developments reserved for elderly persons. ), As Passed 2nd House
No significant fiscal implication to the State is anticipated.
The bill would amend the Government Code relating to the scoring criteria for an application for a low income housing tax credit and the allocation of those credits to developments reserved for elderly persons. Based on the analysis of the Department of Housing and Community Affairs, 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.