LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION May 18, 2009 TO: Honorable David Dewhurst, Lieutenant Governor, Senate FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:SB1717 by West (Relating to prohibition of certain practices by owners of developments supported with low income housing tax credit allocations.), As Passed 2nd House No significant fiscal implication to the State is anticipated. The bill would require the Department of Housing and Community Affairs, by rule, to require the housing sponsor of a multifamily housing development to submit a quarterly report to the department on the number of vacant units in the development at the time of the report and the number of days that each unit has been vacant. Upon request of a member of the legislature, the department shall provide to that member a report that disaggregates the information collected by zip code in the member's district. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies:332 Department of Housing and Community Affairs LBB Staff: JOB, SD
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION
May 18, 2009
TO: Honorable David Dewhurst, Lieutenant Governor, Senate FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:SB1717 by West (Relating to prohibition of certain practices by owners of developments supported with low income housing tax credit allocations.), As Passed 2nd House
TO: Honorable David Dewhurst, Lieutenant Governor, Senate
FROM: John S. O'Brien, Director, Legislative Budget Board
IN RE: SB1717 by West (Relating to prohibition of certain practices by owners of developments supported with low income housing tax credit allocations.), As Passed 2nd House
Honorable David Dewhurst, Lieutenant Governor, Senate
Honorable David Dewhurst, Lieutenant Governor, Senate
John S. O'Brien, Director, Legislative Budget Board
John S. O'Brien, Director, Legislative Budget Board
SB1717 by West (Relating to prohibition of certain practices by owners of developments supported with low income housing tax credit allocations.), As Passed 2nd House
SB1717 by West (Relating to prohibition of certain practices by owners of developments supported with low income housing tax credit allocations.), As Passed 2nd House
No significant fiscal implication to the State is anticipated.
No significant fiscal implication to the State is anticipated.
The bill would require the Department of Housing and Community Affairs, by rule, to require the housing sponsor of a multifamily housing development to submit a quarterly report to the department on the number of vacant units in the development at the time of the report and the number of days that each unit has been vacant. Upon request of a member of the legislature, the department shall provide to that member a report that disaggregates the information collected by zip code in the member's district.
Local Government Impact
No fiscal implication to units of local government is anticipated.
Source Agencies: 332 Department of Housing and Community Affairs
332 Department of Housing and Community Affairs
LBB Staff: JOB, SD
JOB, SD