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:HB616 by Leach (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:HB616 by Leach (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: HB616 by Leach (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
HB616 by Leach (Relating to the system by which an application for a low income housing tax credit is scored.), As Introduced
HB616 by Leach (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