1 | 1 | | 89R4117 JG-F |
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2 | 2 | | By: Cunningham H.B. No. 3753 |
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3 | 3 | | |
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4 | 4 | | |
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5 | 5 | | |
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6 | 6 | | |
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7 | 7 | | A BILL TO BE ENTITLED |
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8 | 8 | | AN ACT |
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9 | 9 | | relating to the allocation of low income housing tax credits. |
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10 | 10 | | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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11 | 11 | | SECTION 1. Section 2306.67022, Government Code, is amended |
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12 | 12 | | by adding Subsections (d) and (e) to read as follows: |
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13 | 13 | | (d) The department may not: |
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14 | 14 | | (1) require as part of the threshold criteria under a |
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15 | 15 | | qualified allocation plan that a public school campus with an |
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16 | 16 | | attendance zone that contains the proposed development site satisfy |
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17 | 17 | | certain criteria relating to educational quality, as specified by |
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18 | 18 | | the department in that plan; or |
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19 | 19 | | (2) adopt a qualified allocation plan that uses a |
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20 | 20 | | scoring system that awards points to an application based on |
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21 | 21 | | criteria relating to the educational quality of a public school |
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22 | 22 | | campus with an attendance zone that contains the proposed |
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23 | 23 | | development site. |
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24 | 24 | | (e) This subsection and Subsection (d) expire September 1, |
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25 | 25 | | 2027. |
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26 | 26 | | SECTION 2. (a) The Texas Department of Housing and |
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27 | 27 | | Community Affairs shall conduct a study of the effects that the |
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28 | 28 | | implementation of Section 2306.67022(d), Government Code, as added |
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29 | 29 | | by this Act, has on the allocation of low income housing tax credits |
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30 | 30 | | in this state. |
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31 | 31 | | (b) Not later than November 1, 2027, the Texas Department of |
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32 | 32 | | Housing and Community Affairs shall submit to each standing |
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33 | 33 | | committee of the legislature with jurisdiction over affordable |
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34 | 34 | | housing a report regarding the study required by Subsection (a) of |
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35 | 35 | | this section. |
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36 | 36 | | SECTION 3. The change in law made by this Act applies only |
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37 | 37 | | to an application for low income housing tax credits that is |
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38 | 38 | | submitted to the Texas Department of Housing and Community Affairs |
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39 | 39 | | during an application cycle that is based on the 2026 or 2027 |
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40 | 40 | | qualified allocation plan adopted by the governing board of the |
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41 | 41 | | department. |
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42 | 42 | | SECTION 4. This Act takes effect September 1, 2025. |
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