86R12666 JG-D
By: Smithee H.B. No. 4443
A BILL TO BE ENTITLED
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(f), Government Code, is
amended to read as follows:
(f) In evaluating the level of community support for an
application under Subsection (b)(1)(J), the department shall
award:
(1) positive points for positive written statements
received, unless a resolution is voted on and approved in support of
the application under Subsection (b)(1)(B);
(2) negative points for negative written statements
received; and
(3) zero points for neutral statements received.
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.