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A BILL TO BE ENTITLED
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AN ACT
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relating to the allocation of low income housing tax credits. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 2306.6710(a), Government Code, is |
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amended by adding section 2306.6710(a)(1) to read as follows: |
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(1) if a proposed affordable housing development is in the |
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primary attendance zone for an elementary, middle, or high school |
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that has not, at the time of application, achieved Educational |
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Quality which shall be defined by the Department as having a D or |
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better rating under the system administered by the Texas Education |
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Agency (“Educational Quality”), an application will not be deemed |
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ineligible for an award based on that characteristic if the school |
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district certifies that: |
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(A) the school will achieve a D or better rating within |
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three years of the date of application; or |
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(B) the overall academic environment for the school is |
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to be enhanced by a Turnaround Plan pursuant to Section 39.107 of |
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the Texas Education Code; or |
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(C) the district will institute a shift to a K-8 |
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structure to serve that same attendance zone within three years of |
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the date of application; or |
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(D) the district will implement extended day pre-K to |
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serve that same attendance zone within three years of the date of |
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the application; or |
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(E) residents have the option of attending an |
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elementary, middle, or high school of their choice within the same |
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district that has a D or better rating. |
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SECTION 2. The change in law made by this Act applies only |
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to an application for low income housing tax credits that is |
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submitted to the Texas Department of Housing and Community Affairs |
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during an application cycle that is based on the 2018 qualified |
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allocation plan or a subsequent plan adopted by the governing board |
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of the department under Section 2306.67022, Government Code. An |
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application that is submitted during an application cycle that is |
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based on an earlier qualified allocation plan is governed by the law |
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in effect on the date the application cycle began, and the former |
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law is continued in effect for that purpose. |
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SECTION 3. This Act takes effect September 1, 2017. |
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Section 2306.6710(b), Government Code, is amended by adding the |
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following to the end of section 2306.6710(a)to read as follows: |
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Educational Quality may be considered by the Department in |
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threshold criteria but shall not be considered by the Department |
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under Section 2306.6710(b). |
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