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:HB3437 by Riddle (Relating to application requirements for low income housing tax credits.), As Introduced No significant fiscal implication to the State is anticipated. The bill would amend the Government Code relating to application requirements for low income housing tax credits. 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:HB3437 by Riddle (Relating to application requirements for low income housing tax credits.), As Introduced TO: Honorable Carol Alvarado, Chair, House Committee on Urban Affairs FROM: Ursula Parks, Director, Legislative Budget Board IN RE: HB3437 by Riddle (Relating to application requirements for low income housing tax credits.), 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 HB3437 by Riddle (Relating to application requirements for low income housing tax credits.), As Introduced HB3437 by Riddle (Relating to application requirements for low income housing tax credits.), 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 application requirements for low income housing tax credits. 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