Bill Text: TX HB2186 | 2019-2020 | 86th Legislature | Introduced
Bill Title: Relating to the allocation of housing tax credits to developments within proximate geographical areas.
Spectrum: Partisan Bill (Democrat 2-0)
Status: (Introduced - Dead) 2019-03-06 - Referred to Urban Affairs [HB2186 Detail]
Download: Texas-2019-HB2186-Introduced.html
86R6825 JG-D | ||
By: Rodriguez | H.B. No. 2186 |
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relating to the allocation of housing tax credits to developments | ||
within proximate geographical areas. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Section 2306.6711(f), Government Code, is | ||
amended to read as follows: | ||
(f) The board may allocate housing tax credits to more than | ||
one development in a single community, as defined by department | ||
rule, in the same calendar year [ |
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will be located more than two linear miles apart or the applicant | ||
obtains prior approval of the development from the governing body | ||
of the municipality containing the development or, if located | ||
outside a municipality, the county containing the development. | ||
This subsection does not prohibit the department from adopting | ||
rules under this chapter for specific geographic areas of this | ||
state [ |
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SECTION 2. The changes in law made by this Act apply 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. |