LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 84TH LEGISLATIVE REGULAR SESSION April 6, 2015 TO: Honorable Carol Alvarado, Chair, House Committee on Urban Affairs FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB2926 by Anchia (Relating to low income housing tax credits awarded for at-risk developments.), As Introduced No significant fiscal implication to the State is anticipated. The bill would amend the Government Code relating to low income housing tax credits awarded for at-risk developments. Based on the analysis of the Department of Housing and Community Affairs, 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, KVe, NV, JSm LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 84TH LEGISLATIVE REGULAR SESSION April 6, 2015 TO: Honorable Carol Alvarado, Chair, House Committee on Urban Affairs FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB2926 by Anchia (Relating to low income housing tax credits awarded for at-risk developments.), As Introduced TO: Honorable Carol Alvarado, Chair, House Committee on Urban Affairs FROM: Ursula Parks, Director, Legislative Budget Board IN RE: HB2926 by Anchia (Relating to low income housing tax credits awarded for at-risk developments.), As Introduced Honorable Carol Alvarado, Chair, House Committee on Urban Affairs Honorable Carol Alvarado, Chair, House Committee on Urban Affairs Ursula Parks, Director, Legislative Budget Board Ursula Parks, Director, Legislative Budget Board HB2926 by Anchia (Relating to low income housing tax credits awarded for at-risk developments.), As Introduced HB2926 by Anchia (Relating to low income housing tax credits awarded for at-risk developments.), 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 low income housing tax credits awarded for at-risk developments. Based on the analysis of the Department of Housing and Community Affairs, 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, KVe, NV, JSm UP, KVe, NV, JSm