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LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION

April 17, 2023

TO:	Honorable J. M. Lozano, Chair, House Committee on Urban Affairs
FROM:	Jerry McGinty, Director, Legislative Budget Board
IN RE:	HB2856 by Swanson (Relating to the requirements for applications for low income housing tax credits for developments financed through the private activity bond program.), As Introduced

No significant fiscal implication to the State is anticipated.

Based on the analysis of the Texas Department of Housing and Community Affairs, duties and responsibilities associated with implementing the provisions of the bill could be accomplished by utilizing existing resources.

Local Government Impact

No significant fiscal implication to units of local government is anticipated.

Source Agencies:

332 Department of Housing and Community Affairs

LBB Staff:

JMc, AF, SLee