LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 84TH LEGISLATIVE REGULAR SESSION May 30, 2015 TO: Honorable Dan Patrick, Lieutenant Governor, Senate Honorable Joe Straus, Speaker of the House, House of Representatives FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB3535 by Collier (Relating to low income housing tax credits awarded for certain developments.), Conference Committee Report 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 certain 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, SD, KVe, NV, JSm LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 84TH LEGISLATIVE REGULAR SESSION May 30, 2015 TO: Honorable Dan Patrick, Lieutenant Governor, Senate Honorable Joe Straus, Speaker of the House, House of Representatives FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB3535 by Collier (Relating to low income housing tax credits awarded for certain developments.), Conference Committee Report TO: Honorable Dan Patrick, Lieutenant Governor, Senate Honorable Joe Straus, Speaker of the House, House of Representatives FROM: Ursula Parks, Director, Legislative Budget Board IN RE: HB3535 by Collier (Relating to low income housing tax credits awarded for certain developments.), Conference Committee Report Honorable Dan Patrick, Lieutenant Governor, Senate Honorable Joe Straus, Speaker of the House, House of Representatives Honorable Dan Patrick, Lieutenant Governor, Senate Honorable Joe Straus, Speaker of the House, House of Representatives Ursula Parks, Director, Legislative Budget Board Ursula Parks, Director, Legislative Budget Board HB3535 by Collier (Relating to low income housing tax credits awarded for certain developments.), Conference Committee Report HB3535 by Collier (Relating to low income housing tax credits awarded for certain developments.), Conference Committee Report 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 certain 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, SD, KVe, NV, JSm UP, SD, KVe, NV, JSm