LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 84TH LEGISLATIVE REGULAR SESSION May 20, 2015 TO: Honorable Eddie Lucio Jr., Chair, Senate Committee on Intergovernmental Relations FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB2926 by Anchia (Relating to low income housing tax credits awarded for at-risk developments.), Committee Report 2nd House, Substituted 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 May 20, 2015 TO: Honorable Eddie Lucio Jr., Chair, Senate Committee on Intergovernmental Relations FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB2926 by Anchia (Relating to low income housing tax credits awarded for at-risk developments.), Committee Report 2nd House, Substituted TO: Honorable Eddie Lucio Jr., Chair, Senate Committee on Intergovernmental Relations FROM: Ursula Parks, Director, Legislative Budget Board IN RE: HB2926 by Anchia (Relating to low income housing tax credits awarded for at-risk developments.), Committee Report 2nd House, Substituted Honorable Eddie Lucio Jr., Chair, Senate Committee on Intergovernmental Relations Honorable Eddie Lucio Jr., Chair, Senate Committee on Intergovernmental Relations 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.), Committee Report 2nd House, Substituted HB2926 by Anchia (Relating to low income housing tax credits awarded for at-risk developments.), Committee Report 2nd House, Substituted 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