Bill Text: TX HB1215 | 2019-2020 | 86th Legislature | Enrolled
Bill Title: Relating to the allocation of low income housing tax credits.
Spectrum: Bipartisan Bill
Status: (Vetoed) 2019-06-15 - Vetoed by the Governor [HB1215 Detail]
Download: Texas-2019-HB1215-Enrolled.html
H.B. No. 1215 |
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relating to the allocation of low income housing tax credits. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Section 2306.67022, Government Code, is amended | ||
to read as follows: | ||
Sec. 2306.67022. QUALIFIED ALLOCATION PLAN; MANUAL. (a) | ||
At least biennially, the board shall adopt a qualified allocation | ||
plan and a corresponding manual to provide information regarding | ||
the administration of and eligibility for the low income housing | ||
tax credit program. The board may adopt the plan and manual | ||
annually, as considered appropriate by the board. | ||
(b) The department may require as part of the threshold | ||
criteria under a qualified allocation plan that a proposed | ||
development satisfy certain criteria relating to educational | ||
quality, as specified by the department in that plan. | ||
(c) The department may not adopt a qualified allocation plan | ||
that uses a scoring system that awards points to an application | ||
based on criteria relating to the educational quality applicable to | ||
a proposed development site. | ||
(d) This subsection and Subsections (b) and (c) expire | ||
September 1, 2021. | ||
SECTION 2. (a) The Texas Department of Housing and | ||
Community Affairs shall conduct a study of the effects that the | ||
implementation of Sections 2306.67022(b) and (c), Government Code, | ||
as added by this Act, has on the allocation of low income housing | ||
tax credits in this state. | ||
(b) Not later than January 1, 2021, the Texas Department of | ||
Housing and Community Affairs shall submit to the governor, the | ||
lieutenant governor, the speaker of the house of representatives, | ||
and each standing committee of the legislature with jurisdiction | ||
over affordable housing a report regarding the study required by | ||
Subsection (a) of this section. | ||
SECTION 3. The change in law made by this Act applies only | ||
to an application for low income housing tax credits that is | ||
submitted to the Texas Department of Housing and Community Affairs | ||
during an application cycle that is based on the 2020 qualified | ||
allocation plan or a subsequent plan adopted by the governing board | ||
of the department under Section 2306.67022, Government Code, as | ||
amended by this Act. An application that is submitted during an | ||
application cycle that is based on an earlier qualified allocation | ||
plan is governed by the law in effect on the date the application | ||
cycle began, and the former law is continued in effect for that | ||
purpose. | ||
SECTION 4. This Act takes effect September 1, 2019. | ||
______________________________ | ______________________________ | |
President of the Senate | Speaker of the House | |
I certify that H.B. No. 1215 was passed by the House on May 8, | ||
2019, by the following vote: Yeas 132, Nays 12, 1 present, not | ||
voting; and that the House concurred in Senate amendments to H.B. | ||
No. 1215 on May 24, 2019, by the following vote: Yeas 139, Nays 4, | ||
1 present, not voting. | ||
______________________________ | ||
Chief Clerk of the House | ||
I certify that H.B. No. 1215 was passed by the Senate, with | ||
amendments, on May 22, 2019, by the following vote: Yeas 30, Nays | ||
1. | ||
______________________________ | ||
Secretary of the Senate | ||
APPROVED: __________________ | ||
Date | ||
__________________ | ||
Governor |