Honorable Terry M. Wilson, Chair, House Committee on Defense & Veterans' Affairs
FROM:
Jerry McGinty, Director, Legislative Budget Board
IN RE:
HB2476 by Garcia (relating to the adoption of a veterans' land bank program by the Texas State Affordable Housing Corporation.), Committee Report 1st House, Substituted
No significant fiscal implication to the State is anticipated.
The bill would establish a veterans' land bank program to be administered by the Texas State Affordable Housing Corporation. The bill would require the corporation to establish a land bank program for the purpose of acquiring, holding, and transferring real property to low-income veteran households.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.