LEGISLATIVE BUDGET BOARD
Austin, Texas
 
FISCAL NOTE, 84TH LEGISLATIVE REGULAR SESSION
 
May 15, 2015

TO:
Honorable Carol Alvarado, Chair, House Committee on Urban Affairs
 
FROM:
Ursula Parks, Director, Legislative Budget Board
 
IN RE:
SB1315 by Watson (Relating to low income housing tax credits awarded for at-risk developments.), As Engrossed

No significant fiscal implication to the State is anticipated.

The bill amends the Government Code relating to low income housing tax credits awarded for at-risk developments. 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.


Source Agencies:
332 Department of Housing and Community Affairs
LBB Staff:
UP, KVe, JSm