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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. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 2306.67022, Government Code, is amended |
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by adding Subsections (d) and (e) to read as follows: |
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(d) The department may not: |
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(1) require as part of the threshold criteria under a |
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qualified allocation plan that a public school campus with an |
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attendance zone that contains the proposed development site satisfy |
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certain criteria relating to educational quality, as specified by |
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the department in that plan; or |
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(2) adopt a qualified allocation plan that uses a |
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scoring system that awards points to an application based on |
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criteria relating to the educational quality of a public school |
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campus with an attendance zone that contains the proposed |
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development site. |
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(e) This subsection and Subsection (d) expire September 1, |
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2027. |
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SECTION 2. (a) The Texas Department of Housing and |
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Community Affairs shall conduct a study of the effects that the |
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implementation of Section 2306.67022(d), Government Code, as added |
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by this Act, has on the allocation of low income housing tax credits |
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in this state. |
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(b) Not later than November 1, 2027, the Texas Department of |
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Housing and Community Affairs shall submit to each standing |
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committee of the legislature with jurisdiction over affordable |
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housing a report regarding the study required by Subsection (a) of |
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this section. |
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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 or 2027 |
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qualified allocation plan adopted by the governing board of the |
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department. |
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SECTION 4. This Act takes effect September 1, 2025. |