Honorable Eddie Lucio Jr., Chair, Senate Committee on Intergovernmental Relations
FROM:
Ursula Parks, Director, Legislative Budget Board
IN RE:
SB1315 by Watson (Relating to definition of an at-risk development for the low income housing tax credit program.), As Introduced
No significant fiscal implication to the State is anticipated.
The bill amends the Government Code relating to definition of an at-risk development for the low income housing tax credit program. 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.