Texas House Bill HB4033

Texas 2017 - 85th Regular

Caption

Relating to the prohibition of certain municipal requirements regarding sales of housing units or residential lots.

Impact

The enactment of HB 4033 is expected to have significant implications on local government authority regarding housing sales, particularly in urban areas where housing affordability is a concern. By eliminating local price-setting regulations, the bill aims to encourage the production and sale of housing without the constraints that price caps may impose. It is anticipated that this could potentially lead to an increase in housing availability, as builders may feel more incentivized to develop new projects without the fear of maximum price limitations.

Summary

House Bill 4033 aims to prohibit municipalities in Texas from adopting or enforcing any requirements that establish a maximum sales price for privately produced housing units or residential lots. This bill specifically amends sections in the Local Government Code, clarifying that local authorities cannot impose restrictions related to the sales price of housing or land as a condition for granting building permits. However, it does allow municipalities to implement voluntary programs designed to increase the supply of affordable housing without establishing price caps.

Contention

The discussion surrounding HB 4033 may revolve around concerns related to housing affordability and access. Supporters argue that limiting the ability of local governments to regulate prices could foster a more robust housing market and lower overall costs for consumers. Conversely, opponents may assert that such actions could exacerbate challenges faced by low- and moderate-income residents, as local governments lose tools to control housing prices and protect vulnerable populations. The debate underscores the ongoing struggle between state-level regulation versus local control in managing housing markets effectively.