H.B. No. 1973
AN ACT
relating to the system by which an application for a low income
housing tax credit is scored.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 2306.6710, Government Code, is amended
by adding Subsection (g) to read as follows:
(g) If no written statement is received for an application
under Subsection (b)(1)(J), the department shall use the maximum
number of points that could have been awarded under that paragraph
to increase the maximum number of points that may be awarded for
that application under Subsection (b)(1)(B). If awarding points
under Subsection (b)(1)(B)(iii), the department shall reallocate
the points from the scoring category provided by Subsection
(b)(1)(J) equally between the political subdivisions described by
Subsection (b)(1)(B)(iii). In awarding points transferred under
this subsection from the scoring category provided by Subsection
(b)(1)(J) to the scoring category provided by Subsection (b)(1)(B),
the department shall award:
(1) positive points for positive resolutions adopted;
(2) negative points for negative resolutions adopted;
and
(3) zero points for neutral resolutions adopted.
SECTION 2. The change in law made by this Act applies only
to an application for low income housing tax credits that is
submitted to the Texas Department of Housing and Community Affairs
during an application cycle that is based on the 2020 qualified
allocation plan or a subsequent plan adopted by the governing board
of the department. An application that is submitted during an
application cycle that is based on an earlier qualified allocation
plan is governed by the law in effect on the date the application
cycle began, and the former law is continued in effect for that
purpose.
SECTION 3. This Act takes effect September 1, 2019.
______________________________ ______________________________
President of the Senate Speaker of the House
I certify that H.B. No. 1973 was passed by the House on April
25, 2019, by the following vote: Yeas 90, Nays 38, 1 present, not
voting; that the House refused to concur in Senate amendments to
H.B. No. 1973 on May 23, 2019, and requested the appointment of a
conference committee to consider the differences between the two
houses; and that the House adopted the conference committee report
on H.B. No. 1973 on May 26, 2019, by the following vote: Yeas 126,
Nays 14, 1 present, not voting.
______________________________
Chief Clerk of the House
I certify that H.B. No. 1973 was passed by the Senate, with
amendments, on May 22, 2019, by the following vote: Yeas 29, Nays
2; at the request of the House, the Senate appointed a conference
committee to consider the differences between the two houses; and
that the Senate adopted the conference committee report on H.B. No.
1973 on May 26, 2019, by the following vote: Yeas 31, Nays 0.
______________________________
Secretary of the Senate
APPROVED: __________________
Date
__________________
Governor