Amend HB 1973 (senate committee report) as follows:
(1) Add the following appropriately numbered SECTION to the bill and renumber subsequent SECTIONS of the bill accordingly:
SECTION 1. Section 2306.6711(f), Government Code, is amended to read as follows:
(f) The board may allocate housing tax credits to more than one development in a single community, as defined by department rule, in the same calendar year [only] if:
(1) the developments are or will be located more than two linear miles apart; or
(2) the following conditions are met:
(A) at least one of the developments will be located wholly within a census tract:
(i) that has a poverty rate above 15 percent; and
(ii) in which the median value of owner-occupied homes has increased by 15 percent or more within the five years preceding the date of the application; and
(B) the applicant for the development:
(i) has obtained prior approval of the development from the governing body of the appropriate municipality or county containing the development; and
(ii) has included in the application a written statement of support from that governing body referencing this section and authorizing an allocation of housing tax credits for the development. [This subsection applies only to communities contained within counties with populations exceeding one million.]
(2) In SECTION 2 of the bill (page 1, line 38), strike "change" and substitute "changes".
(3) In SECTION 2 of the bill (page 1, line 38), strike "applies" and substitute "apply".