LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 87TH LEGISLATIVE REGULAR SESSION May 10, 2021 TO: Honorable Paul Bettencourt, Chair, Senate Committee on Local Government FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB249 by Cortez (Relating to the requirements for an application for a low income housing tax credit allocation from the nonprofit set-aside.), As Engrossed No fiscal implication to the State is anticipated. The bill would amend the Government Code relating to the requirements for an application for a low income housing tax credit allocation from the nonprofit set-aside. Based on information provided by the Texas Department of Housing and Community Affairs, this analysis anticipates no fiscal implication to the State. Local Government ImpactNo fiscal implication to units of local government is anticipated. Source Agencies: b > td > 332 Dept Housing-Comm Affairs LBB Staff: b > td > JMc, AF, CMA, MB, MPUK LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 87TH LEGISLATIVE REGULAR SESSION May 10, 2021 TO: Honorable Paul Bettencourt, Chair, Senate Committee on Local Government FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB249 by Cortez (Relating to the requirements for an application for a low income housing tax credit allocation from the nonprofit set-aside.), As Engrossed TO: Honorable Paul Bettencourt, Chair, Senate Committee on Local Government FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB249 by Cortez (Relating to the requirements for an application for a low income housing tax credit allocation from the nonprofit set-aside.), As Engrossed Honorable Paul Bettencourt, Chair, Senate Committee on Local Government Honorable Paul Bettencourt, Chair, Senate Committee on Local Government Jerry McGinty, Director, Legislative Budget Board Jerry McGinty, Director, Legislative Budget Board HB249 by Cortez (Relating to the requirements for an application for a low income housing tax credit allocation from the nonprofit set-aside.), As Engrossed HB249 by Cortez (Relating to the requirements for an application for a low income housing tax credit allocation from the nonprofit set-aside.), As Engrossed No fiscal implication to the State is anticipated. No fiscal implication to the State is anticipated. The bill would amend the Government Code relating to the requirements for an application for a low income housing tax credit allocation from the nonprofit set-aside. Based on information provided by the Texas Department of Housing and Community Affairs, this analysis anticipates no fiscal implication to the State. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies: b > td > 332 Dept Housing-Comm Affairs 332 Dept Housing-Comm Affairs LBB Staff: b > td > JMc, AF, CMA, MB, MPUK JMc, AF, CMA, MB, MPUK