LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 85TH LEGISLATIVE REGULAR SESSION March 13, 2017 TO: Honorable Carol Alvarado, Chair, House Committee on Urban Affairs FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB1609 by Price (Relating to the system by which an application for a low income housing tax credit is scored.), As Introduced No significant fiscal implication to the State is anticipated. The bill would amend 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 Texas 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, JGA, EH, EK LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 85TH LEGISLATIVE REGULAR SESSION March 13, 2017 TO: Honorable Carol Alvarado, Chair, House Committee on Urban Affairs FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB1609 by Price (Relating to the system by which an application for a low income housing tax credit is scored.), As Introduced TO: Honorable Carol Alvarado, Chair, House Committee on Urban Affairs FROM: Ursula Parks, Director, Legislative Budget Board IN RE: HB1609 by Price (Relating to the system by which an application for a low income housing tax credit is scored.), 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 HB1609 by Price (Relating to the system by which an application for a low income housing tax credit is scored.), As Introduced HB1609 by Price (Relating to the system by which an application for a low income housing tax credit is scored.), 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 the system by which an application for a low income housing tax credit is scored. Based on the analysis of the Texas 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, JGA, EH, EK UP, JGA, EH, EK