LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 89TH LEGISLATIVE REGULAR SESSION

April 21, 2025

TO:	Honorable Cecil Bell, Chair, House Committee on Intergovernmental Affairs
FROM:	Jerry McGinty, Director, Legislative Budget Board
IN RE:	HB2985 by Moody (Relating to the eligibility of certain at-risk developments to receive low income housing tax credits.), As Introduced

No significant fiscal implication to the State is anticipated.

It is assumed that any costs associated with the bill could be absorbed using 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, SZ, DPE