86R8769 JG-D
 
  By: Calanni H.B. No. 1881
 
 
 
A BILL TO BE ENTITLED
 
AN ACT
  relating to application requirements for low income housing tax
  credits for developments financed through the private activity bond
  program.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Section 2306.67071(a), Government Code, is
  amended to read as follows:
         (a)  Before submitting to the department an application for
  housing tax credits for developments financed through the private
  activity bond program, including private activity bonds issued by
  the department, the Texas State Affordable Housing Corporation, or
  a local issuer, an applicant must provide notice of the intent to
  file the application to:
               (1)  the governing body of a municipality in which the
  proposed development site is to be located;
               (2)  subject to Subdivision (3), the commissioners
  court of a county in which the proposed development site is to be
  located, if the proposed site is to be located in an area of a county
  that is not part of a municipality; or
               (3)  the commissioners court of a county in which the
  proposed development site is to be located and the governing body of
  the applicable municipality, if the proposed site is to be located
  in the extraterritorial jurisdiction of a municipality with a
  population of less than two million.
         SECTION 2.  The change in law made by this Act applies only
  to an application for low income housing tax credits that is
  submitted to the Texas Department of Housing and Community Affairs
  during an application cycle that is based on the 2020 qualified
  allocation plan or a subsequent plan adopted by the governing board
  of the department. An application that is submitted during an
  application cycle that is based on an earlier qualified allocation
  plan is governed by the law in effect on the date the application
  cycle began, and the former law is continued in effect for that
  purpose.
         SECTION 3.  This Act takes effect September 1, 2019.