Honorable Carol Alvarado, Chair, House Committee on Urban Affairs
FROM:
Ursula Parks, Director, Legislative Budget Board
IN RE:
SB1316 by Watson (Relating to the system by which an application for a low income housing tax credit is scored.), Committee Report 2nd House, Substituted
No significant fiscal implication to the State is anticipated.
The bill amends the Government Code relating to the system by which an application for a low income housing tax credit is scored. 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.