LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 84TH LEGISLATIVE REGULAR SESSION May 27, 2015 TO: Honorable Dan Patrick, Lieutenant Governor, Senate FROM: Ursula Parks, Director, Legislative Budget Board IN RE:SB1316 by Watson (Relating to the system by which an application for a low income housing tax credit is scored. ), As Passed 2nd House No significant fiscal implication to the State is anticipated. The bill amends the Government Code relating to the system by which an application for a low income housing tax credit is scored. 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 May 27, 2015 TO: Honorable Dan Patrick, Lieutenant Governor, Senate FROM: Ursula Parks, Director, Legislative Budget Board IN RE:SB1316 by Watson (Relating to the system by which an application for a low income housing tax credit is scored. ), As Passed 2nd House TO: Honorable Dan Patrick, Lieutenant Governor, Senate FROM: Ursula Parks, Director, Legislative Budget Board IN RE: SB1316 by Watson (Relating to the system by which an application for a low income housing tax credit is scored. ), As Passed 2nd House Honorable Dan Patrick, Lieutenant Governor, Senate Honorable Dan Patrick, Lieutenant Governor, Senate Ursula Parks, Director, Legislative Budget Board Ursula Parks, Director, Legislative Budget Board SB1316 by Watson (Relating to the system by which an application for a low income housing tax credit is scored. ), As Passed 2nd House SB1316 by Watson (Relating to the system by which an application for a low income housing tax credit is scored. ), As Passed 2nd House 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 the system by which an application for a low income housing tax credit is scored. 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