LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION April 17, 2023 TO: Honorable J. M. Lozano, Chair, House Committee on Urban Affairs FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB1917 by Walle (Relating to the establishment and implementation by the Texas Department of Housing and Community Affairs of the Texas Tenant Readiness and Landlord Incentive Pilot Program.), As Introduced No significant fiscal implication to the State is anticipated. The bill would amend the Government Code to establish the Texas Tenant Readiness and Landlord Incentive Pilot Program. This estimate assumes duties and responsibilities associated with implementing the provisions of the bill could be accomplished by utilizing existing resources.Based on the analysis of the Texas Department of Housing and Community Affairs (TDHCA), the estimated amount necessary to fully fund the grant program would be $4,435,200 in General Revenue each year to cover an estimated 1,152 subrecipient grants; however, the total amount of grant funding provided would be subject to the will of the Legislature. Local Government ImpactNo significant fiscal implication to units of local government is anticipated. Source Agencies: b > td > 332 Department of Housing and Community Affairs LBB Staff: b > td > JMc, AF, GDZ, SLee
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION
April 17, 2023
TO: Honorable J. M. Lozano, Chair, House Committee on Urban Affairs FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB1917 by Walle (Relating to the establishment and implementation by the Texas Department of Housing and Community Affairs of the Texas Tenant Readiness and Landlord Incentive Pilot Program.), As Introduced
TO: Honorable J. M. Lozano, Chair, House Committee on Urban Affairs
FROM: Jerry McGinty, Director, Legislative Budget Board
IN RE: HB1917 by Walle (Relating to the establishment and implementation by the Texas Department of Housing and Community Affairs of the Texas Tenant Readiness and Landlord Incentive Pilot Program.), As Introduced
Honorable J. M. Lozano, Chair, House Committee on Urban Affairs
Honorable J. M. Lozano, Chair, House Committee on Urban Affairs
Jerry McGinty, Director, Legislative Budget Board
Jerry McGinty, Director, Legislative Budget Board
HB1917 by Walle (Relating to the establishment and implementation by the Texas Department of Housing and Community Affairs of the Texas Tenant Readiness and Landlord Incentive Pilot Program.), As Introduced
HB1917 by Walle (Relating to the establishment and implementation by the Texas Department of Housing and Community Affairs of the Texas Tenant Readiness and Landlord Incentive Pilot Program.), 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 to establish the Texas Tenant Readiness and Landlord Incentive Pilot Program. This estimate assumes duties and responsibilities associated with implementing the provisions of the bill could be accomplished by utilizing existing resources.Based on the analysis of the Texas Department of Housing and Community Affairs (TDHCA), the estimated amount necessary to fully fund the grant program would be $4,435,200 in General Revenue each year to cover an estimated 1,152 subrecipient grants; however, the total amount of grant funding provided would be subject to the will of the Legislature.
Based on the analysis of the Texas Department of Housing and Community Affairs (TDHCA), the estimated amount necessary to fully fund the grant program would be $4,435,200 in General Revenue each year to cover an estimated 1,152 subrecipient grants; however, the total amount of grant funding provided would be subject to the will of the Legislature.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.
Source Agencies: b > td > 332 Department of Housing and Community Affairs
332 Department of Housing and Community Affairs
LBB Staff: b > td > JMc, AF, GDZ, SLee
JMc, AF, GDZ, SLee