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.), As Introduced
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 adopt a land bank program and establish or approve a land bank for the purpose of acquiring, holding, and transferring unimproved real property to low-income veteran households.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.