LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 89TH LEGISLATIVE REGULAR SESSION April 21, 2025 TO: Honorable Cecil Bell, Chair, House Committee on Intergovernmental Affairs FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB627 by Cortez (Relating to the requirements for applications for low income housing tax credits for certain developments financed through the private activity bond program.), As Introduced No significant fiscal implication to the State is anticipated. According to the Texas Department of Housing and Community Affairs and the Bond Review Board, no significant fiscal implication is anticipated. Local Government ImpactNo significant fiscal implication to units of local government is anticipated. Source Agencies: b > td > 332 Department of Housing and Community Affairs, 352 Bond Review Board LBB Staff: b > td > JMc, SZ, KCu
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 89TH LEGISLATIVE REGULAR SESSION
April 21, 2025
TO: Honorable Cecil Bell, Chair, House Committee on Intergovernmental Affairs FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB627 by Cortez (Relating to the requirements for applications for low income housing tax credits for certain developments financed through the private activity bond program.), As Introduced
TO: Honorable Cecil Bell, Chair, House Committee on Intergovernmental Affairs
FROM: Jerry McGinty, Director, Legislative Budget Board
IN RE: HB627 by Cortez (Relating to the requirements for applications for low income housing tax credits for certain developments financed through the private activity bond program.), As Introduced
Honorable Cecil Bell, Chair, House Committee on Intergovernmental Affairs
Honorable Cecil Bell, Chair, House Committee on Intergovernmental Affairs
Jerry McGinty, Director, Legislative Budget Board
Jerry McGinty, Director, Legislative Budget Board
HB627 by Cortez (Relating to the requirements for applications for low income housing tax credits for certain developments financed through the private activity bond program.), As Introduced
HB627 by Cortez (Relating to the requirements for applications for low income housing tax credits for certain developments financed through the private activity bond program.), As Introduced
No significant fiscal implication to the State is anticipated.
No significant fiscal implication to the State is anticipated.
According to the Texas Department of Housing and Community Affairs and the Bond Review Board, no significant fiscal implication is anticipated.
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, 352 Bond Review Board
332 Department of Housing and Community Affairs, 352 Bond Review Board
LBB Staff: b > td > JMc, SZ, KCu
JMc, SZ, KCu