LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 84TH LEGISLATIVE REGULAR SESSION April 21, 2015 TO: Honorable Eddie Lucio Jr., Chair, Senate Committee on Intergovernmental Relations FROM: Ursula Parks, Director, Legislative Budget Board IN RE:SB1315 by Watson (Relating to definition of an at-risk development for the low income housing tax credit program.), As Introduced No significant fiscal implication to the State is anticipated. The bill amends the Government Code relating to definition of an at-risk development for the low income housing tax credit program. 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 fiscal implication to units of local government is anticipated. Source Agencies:332 Department of Housing and Community Affairs LBB Staff: UP, KVe, JSm
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 84TH LEGISLATIVE REGULAR SESSION
April 21, 2015
TO: Honorable Eddie Lucio Jr., Chair, Senate Committee on Intergovernmental Relations FROM: Ursula Parks, Director, Legislative Budget Board IN RE:SB1315 by Watson (Relating to definition of an at-risk development for the low income housing tax credit program.), As Introduced
TO: Honorable Eddie Lucio Jr., Chair, Senate Committee on Intergovernmental Relations
FROM: Ursula Parks, Director, Legislative Budget Board
IN RE: SB1315 by Watson (Relating to definition of an at-risk development for the low income housing tax credit program.), As Introduced
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
SB1315 by Watson (Relating to definition of an at-risk development for the low income housing tax credit program.), As Introduced
SB1315 by Watson (Relating to definition of an at-risk development for the low income housing tax credit program.), As Introduced
No significant fiscal implication to the State is anticipated.
No significant fiscal implication to the State is anticipated.
The bill amends the Government Code relating to definition of an at-risk development for the low income housing tax credit program. 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 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, JSm
UP, KVe, JSm