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A BILL TO BE ENTITLED
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AN ACT
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relating to the allocation of low income housing tax credits to |
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projects reserved for elderly persons. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 2306.6725(d), Government Code, is |
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amended to read as follows: |
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(d) For each scoring criterion, the department shall use a |
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range of points to evaluate the degree to which a proposed project |
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satisfies the criterion. The department: |
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(1) subject to Subdivision (2), may not award[: |
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[(1)] a number of points for a scoring criterion that |
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is disproportionate to the degree to which a proposed project |
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complies with that criterion; and [or] |
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(2) may award to a proposed project reserved for |
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elderly persons [for the general population] a number of points for |
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a scoring criterion that is greater [different] than the number of |
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points awarded for that criterion to a proposed project reserved |
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for the general population even [elderly persons] if the proposed |
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projects comply with the criterion to the same degree. |
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SECTION 2. Sections 2306.6711(h) and (i), Government Code, |
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are repealed. |
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SECTION 3. 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 2026 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 4. This Act takes effect September 1, 2025. |