Bill Text: TX HB3311 | 2015-2016 | 84th Legislature | Introduced
NOTE: There are more recent revisions of this legislation. Read Latest Draft
Bill Title: Relating to the scoring criteria for an application for a low income housing tax credit and the allocation of those credits to developments reserved for elderly persons.
Spectrum: Bipartisan Bill
Status: (Passed) 2015-06-19 - Effective on 9/1/15 [HB3311 Detail]
Download: Texas-2015-HB3311-Introduced.html
Bill Title: Relating to the scoring criteria for an application for a low income housing tax credit and the allocation of those credits to developments reserved for elderly persons.
Spectrum: Bipartisan Bill
Status: (Passed) 2015-06-19 - Effective on 9/1/15 [HB3311 Detail]
Download: Texas-2015-HB3311-Introduced.html
84R11948 KJE-D | ||
By: Alvarado | H.B. No. 3311 |
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relating to the scoring criteria for an application for a low income | ||
housing tax credit. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Section 2306.6725(d), Government Code, is | ||
amended to read as follows: | ||
(d) For each scoring criterion, the department shall use a | ||
range of points to evaluate the degree to which a proposed project | ||
satisfies the criterion. The department may not award: | ||
(1) a number of points for a scoring criterion that is | ||
disproportionate to the degree to which a proposed project complies | ||
with that criterion; or | ||
(2) to a proposed project for the general population a | ||
number of points for a scoring criterion that is different than the | ||
number of points awarded for that criterion to a proposed project | ||
exclusively for elderly persons if the proposed projects comply | ||
with the criterion to the same degree. | ||
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 begins on or after the effective | ||
date of this Act. An application that is submitted during an | ||
application cycle that began before the effective date of this Act | ||
is governed by the law in effect at the time the application cycle | ||
began, and the former law is continued in effect for that purpose. | ||
SECTION 3. This Act takes effect September 1, 2015. |