LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 89TH LEGISLATIVE REGULAR SESSION April 23, 2025 TO: Honorable Paul Bettencourt, Chair, Senate Committee on Local Government FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: SB2608 by Blanco (Relating to the eligibility of certain at-risk developments to receive low income housing tax credits.), As Introduced No significant fiscal implication to the State is anticipated. It is assumed that any costs associated with the bill could be absorbed using 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, SZ, BC, CWi LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 89TH LEGISLATIVE REGULAR SESSION April 23, 2025 TO: Honorable Paul Bettencourt, Chair, Senate Committee on Local Government FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: SB2608 by Blanco (Relating to the eligibility of certain at-risk developments to receive low income housing tax credits.), As Introduced TO: Honorable Paul Bettencourt, Chair, Senate Committee on Local Government FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: SB2608 by Blanco (Relating to the eligibility of certain at-risk developments to receive low income housing tax credits.), As Introduced 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 SB2608 by Blanco (Relating to the eligibility of certain at-risk developments to receive low income housing tax credits.), As Introduced SB2608 by Blanco (Relating to the eligibility of certain at-risk developments to receive low income housing tax credits.), As Introduced No significant fiscal implication to the State is anticipated. No significant fiscal implication to the State is anticipated. It is assumed that any costs associated with the bill could be absorbed using 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, SZ, BC, CWi JMc, SZ, BC, CWi