LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 84TH LEGISLATIVE REGULAR SESSION March 16, 2015 TO: Honorable Carol Alvarado, Chair, House Committee on Urban Affairs FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB74 by González, Mary (Relating to financial assistance administered by the Texas Department of Housing and Community Affairs in certain rural areas.), As Introduced No significant fiscal implication to the State is anticipated. The bill would amend the Government Code relating to financial assistance administered by the Texas Department of Housing and Communitty Affairs (TDHCA) in certain rural areas. TDHCA would be required to establish a process by which to designate certain cities with a population under 10,000 in a metropolitan area as rural for the purposes of TDHCA financial assistance and explicitly requires related rule making. Establishing the process would include the required rule-making but would also involve developing an application process, review of applications received, making recommendation for Board approval, review of appeals, and preparation of appeal information for the Board. This would also likely add additional related appeals and challenges during the competitive Housing Tax Credit ("HTC") funding process. Based on the analysis of TDHCA, duties and responsibilities associated with implementing the provisions of the bill could be accomplished by utilizing existing respources. 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
March 16, 2015
TO: Honorable Carol Alvarado, Chair, House Committee on Urban Affairs FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB74 by González, Mary (Relating to financial assistance administered by the Texas Department of Housing and Community Affairs in certain rural areas.), As Introduced
TO: Honorable Carol Alvarado, Chair, House Committee on Urban Affairs
FROM: Ursula Parks, Director, Legislative Budget Board
IN RE: HB74 by González, Mary (Relating to financial assistance administered by the Texas Department of Housing and Community Affairs in certain rural areas.), 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
HB74 by González, Mary (Relating to financial assistance administered by the Texas Department of Housing and Community Affairs in certain rural areas.), As Introduced
HB74 by González, Mary (Relating to financial assistance administered by the Texas Department of Housing and Community Affairs in certain 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 financial assistance administered by the Texas Department of Housing and Communitty Affairs (TDHCA) in certain rural areas. TDHCA would be required to establish a process by which to designate certain cities with a population under 10,000 in a metropolitan area as rural for the purposes of TDHCA financial assistance and explicitly requires related rule making. Establishing the process would include the required rule-making but would also involve developing an application process, review of applications received, making recommendation for Board approval, review of appeals, and preparation of appeal information for the Board. This would also likely add additional related appeals and challenges during the competitive Housing Tax Credit ("HTC") funding process. Based on the analysis of TDHCA, duties and responsibilities associated with implementing the provisions of the bill could be accomplished by utilizing existing respources.
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