LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 83RD LEGISLATIVE REGULAR SESSION March 5, 2013 TO: Honorable Harold V. Dutton, Jr., Chair, House Committee On Urban Affairs FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB429 by Guillen (Relating to the allocation of low income housing tax credits for housing in rural areas.), As Introduced No significant fiscal implication to the State is anticipated. The bill would amend the Government Code relating to the allocation of low income housing tax credits for housing in rural areas. Based on information provided by the Department of Housing and Community Affairs, it is assumed that 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: UP, KKR, MW, NV LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 83RD LEGISLATIVE REGULAR SESSION March 5, 2013 TO: Honorable Harold V. Dutton, Jr., Chair, House Committee On Urban Affairs FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB429 by Guillen (Relating to the allocation of low income housing tax credits for housing in rural areas.), As Introduced TO: Honorable Harold V. Dutton, Jr., Chair, House Committee On Urban Affairs FROM: Ursula Parks, Director, Legislative Budget Board IN RE: HB429 by Guillen (Relating to the allocation of low income housing tax credits for housing in rural areas.), As Introduced Honorable Harold V. Dutton, Jr., Chair, House Committee On Urban Affairs Honorable Harold V. Dutton, Jr., Chair, House Committee On Urban Affairs Ursula Parks, Director, Legislative Budget Board Ursula Parks, Director, Legislative Budget Board HB429 by Guillen (Relating to the allocation of low income housing tax credits for housing in rural areas.), As Introduced HB429 by Guillen (Relating to the allocation of low income housing tax credits for housing in rural areas.), As Introduced No significant fiscal implication to the State is anticipated. No significant fiscal implication to the State is anticipated. The bill would amend the Government Code relating to the allocation of low income housing tax credits for housing in rural areas. Based on information provided by the Department of Housing and Community Affairs, it is assumed that duties and responsibilities associated with implementing the provisions of the bill could be accomplished by utilizing existing resources. The bill would amend the Government Code relating to the allocation of low income housing tax credits for housing in rural areas. Based on information provided by the Department of Housing and Community Affairs, it is assumed that 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 332 Department of Housing and Community Affairs LBB Staff: UP, KKR, MW, NV UP, KKR, MW, NV