Honorable Eddie Lucio Jr., Chair, Senate Committee on Intergovernmental Relations
FROM:
Ursula Parks, Director, Legislative Budget Board
IN RE:
SB1315 by Watson (Relating to low income housing tax credits awarded for at-risk developments.), Committee Report 1st House, Substituted
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.