Bill Text: TX HB1973 | 2019-2020 | 86th Legislature | Enrolled


Bill Title: Relating to the system by which an application for a low income housing tax credit is scored.

Spectrum: Slight Partisan Bill (Republican 18-10)

Status: (Passed) 2019-06-14 - Effective on 9/1/19 [HB1973 Detail]

Download: Texas-2019-HB1973-Enrolled.html
 
 
  H.B. No. 1973
 
 
 
 
AN ACT
  relating to the system by which an application for a low income
  housing tax credit is scored.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Section 2306.6710, Government Code, is amended
  by adding Subsection (g) to read as follows:
         (g)  If no written statement is received for an application
  under Subsection (b)(1)(J), the department shall use the maximum
  number of points that could have been awarded under that paragraph
  to increase the maximum number of points that may be awarded for
  that application under Subsection (b)(1)(B). If awarding points
  under Subsection (b)(1)(B)(iii), the department shall reallocate
  the points from the scoring category provided by Subsection
  (b)(1)(J) equally between the political subdivisions described by
  Subsection (b)(1)(B)(iii). In awarding points transferred under
  this subsection from the scoring category provided by Subsection
  (b)(1)(J) to the scoring category provided by Subsection (b)(1)(B),
  the department shall award:
               (1)  positive points for positive resolutions adopted;
               (2)  negative points for negative resolutions adopted;
  and
               (3)  zero points for neutral resolutions adopted.
         SECTION 2.  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. 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 3.  This Act takes effect September 1, 2019.
 
 
  ______________________________ ______________________________
     President of the Senate Speaker of the House     
 
 
         I certify that H.B. No. 1973 was passed by the House on April
  25, 2019, by the following vote:  Yeas 90, Nays 38, 1 present, not
  voting; that the House refused to concur in Senate amendments to
  H.B. No. 1973 on May 23, 2019, and requested the appointment of a
  conference committee to consider the differences between the two
  houses; and that the House adopted the conference committee report
  on H.B. No. 1973 on May 26, 2019, by the following vote:  Yeas 126,
  Nays 14, 1 present, not voting.
 
  ______________________________
  Chief Clerk of the House   
 
         I certify that H.B. No. 1973 was passed by the Senate, with
  amendments, on May 22, 2019, by the following vote:  Yeas 29, Nays
  2; at the request of the House, the Senate appointed a conference
  committee to consider the differences between the two houses; and
  that the Senate adopted the conference committee report on H.B. No.
  1973 on May 26, 2019, by the following vote:  Yeas 31, Nays 0.
 
  ______________________________
  Secretary of the Senate   
  APPROVED: __________________
                  Date       
   
           __________________
                Governor       
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