Honorable Paul Bettencourt, Chair, Senate Committee on Local Government
FROM:
Jerry McGinty, Director, Legislative Budget Board
IN RE:
HB249 by Cortez (Relating to the requirements for an application for a low income housing tax credit allocation from the nonprofit set-aside.), As Engrossed
No fiscal implication to the State is anticipated.
The bill would amend the Government Code relating to the requirements for an application for a low income housing tax credit allocation from the nonprofit set-aside. Based on information provided by the Texas Department of Housing and Community Affairs, this analysis anticipates no fiscal implication to the State.
Local Government Impact
No fiscal implication to units of local government is anticipated.