LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION May 24, 2023 TO: Honorable Dade Phelan, Speaker of the House, House of Representatives FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB4550 by Cunningham (Relating to the qualified allocation plan and manual adopted for the allocation of low income housing tax credits.), As Passed 2nd House No significant fiscal implication to the State is anticipated. 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 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, SLee
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION
May 24, 2023
TO: Honorable Dade Phelan, Speaker of the House, House of Representatives FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB4550 by Cunningham (Relating to the qualified allocation plan and manual adopted for the allocation of low income housing tax credits.), As Passed 2nd House
TO: Honorable Dade Phelan, Speaker of the House, House of Representatives
FROM: Jerry McGinty, Director, Legislative Budget Board
IN RE: HB4550 by Cunningham (Relating to the qualified allocation plan and manual adopted for the allocation of low income housing tax credits.), As Passed 2nd House
Honorable Dade Phelan, Speaker of the House, House of Representatives
Honorable Dade Phelan, Speaker of the House, House of Representatives
Jerry McGinty, Director, Legislative Budget Board
Jerry McGinty, Director, Legislative Budget Board
HB4550 by Cunningham (Relating to the qualified allocation plan and manual adopted for the allocation of low income housing tax credits.), As Passed 2nd House
HB4550 by Cunningham (Relating to the qualified allocation plan and manual adopted for the allocation of low income housing tax credits.), As Passed 2nd House
No significant fiscal implication to the State is anticipated.
No significant fiscal implication to the State is anticipated.
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 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, SLee
JMc, AF, SLee