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A BILL TO BE ENTITLED
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AN ACT
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relating to the system by which an application for a low income |
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housing tax credit is scored. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 2306.6710(f), Government Code, is |
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amended to read as follows: |
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(f) In evaluating the level of community support for an |
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application under Subsection (b)(1)(J), the department shall |
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award: |
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(1) positive points for positive written statements |
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received, unless a resolution is voted on and approved in support of |
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the application under Subsection (b)(1)(B); |
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(2) negative points for negative written statements |
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received; and |
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(3) zero points for neutral statements received. |
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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 2020 qualified |
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allocation plan or a subsequent plan adopted by the governing board |
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of the department. An application that is submitted during an |
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application cycle that is based on an earlier qualified allocation |
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plan is governed by the law in effect on the date the application |
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cycle began, and the former law is continued in effect for that |
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purpose. |
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SECTION 3. This Act takes effect September 1, 2019. |