BILL ANALYSIS |
C.S.S.B. 1992 |
By: Watson |
Urban Affairs |
Committee Report (Substituted) |
BACKGROUND AND PURPOSE
Interested parties contend that certain counties, such as Travis County, need more flexibility with regard to where a low income housing development may be located. C.S.S.B. 1992 seeks to address this need by revising the provision granting conditional authority to the governing board of the Texas Department of Housing and Community Affairs to allocate low income housing tax credits to more than one development in a single community in the same calendar year.
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CRIMINAL JUSTICE IMPACT
It is the committee's opinion that this bill does not expressly create a criminal offense, increase the punishment for an existing criminal offense or category of offenses, or change the eligibility of a person for community supervision, parole, or mandatory supervision.
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RULEMAKING AUTHORITY
It is the committee's opinion that this bill does not expressly grant any additional rulemaking authority to a state officer, department, agency, or institution.
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ANALYSIS
C.S.S.B. 1992 amends the Government Code to increase from one million to 1.5 million the population threshold that the county containing a community must exceed for the community to be subject to the provision authorizing the governing board of the Texas Department of Housing and Community Affairs (TDHCA) to allocate low income housing tax credits to more than one development in a single community in the same calendar year on the condition that the developments are or will be located more than two linear miles apart. The bill adds as an alternative to that condition the condition that the developments will serve different types of households, as defined by TDHCA rule. The bill establishes that the provision authorizing the board to allocate low income housing tax credits to more than one development in a single community in the same calendar year under either of these conditions does not prohibit the TDHCA from adopting rules under the low income housing tax credit program that are specific to other geographic areas of Texas. The bill applies only to an application for low income housing tax credits that is submitted to the TDHCA during an application cycle that is based on the 2018 qualified allocation plan or a subsequent plan adopted by the board.
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EFFECTIVE DATE
September 1, 2017.
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COMPARISON OF SENATE ENGROSSED AND SUBSTITUTE
While C.S.S.B. 1992 may differ from the engrossed in minor or nonsubstantive ways, the following comparison is organized and formatted in a manner that indicates the substantial differences between the engrossed and committee substitute versions of the bill.
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