Bill Text: TX HB3574 | 2017-2018 | 85th Legislature | Enrolled
Bill Title: Relating to the allocation of low income housing tax credits.
Spectrum: Partisan Bill (Democrat 3-0)
Status: (Passed) 2017-06-15 - See remarks for effective date [HB3574 Detail]
Download: Texas-2017-HB3574-Enrolled.html
H.B. No. 3574 |
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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. (a) Section 2306.6710(a), Government Code, is | ||
amended to read as follows: | ||
(a) In evaluating an application, the department shall | ||
determine whether the application satisfies the threshold criteria | ||
required by the board in the qualified allocation plan. | ||
Educational Quality may be considered by the department as part of | ||
the threshold criteria but shall not be considered by the | ||
department as a scoring factor. The department shall reject and | ||
return to the applicant any application that fails to satisfy the | ||
threshold criteria. | ||
(b) Effective September 1, 2019, Section 2306.6710(a), | ||
Government Code, is amended to read as follows: | ||
(a) In evaluating an application, the department shall | ||
determine whether the application satisfies the threshold criteria | ||
required by the board in the qualified allocation plan. The | ||
department shall reject and return to the applicant any application | ||
that fails to satisfy the threshold criteria. | ||
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 2018 qualified | ||
allocation plan or a subsequent plan adopted by the governing board | ||
of the department under Section 2306.67022, Government Code. 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. Not later than September 1, 2019, the department | ||
shall report the outcome of considering Educational | ||
Quality in | ||
threshold and not as a scoring factor in an application. | ||
SECTION 4. Except as otherwise provided by this Act, this | ||
Act takes effect September 1, 2017. | ||
______________________________ | ______________________________ | |
President of the Senate | Speaker of the House | |
I certify that H.B. No. 3574 was passed by the House on May 9, | ||
2017, by the following vote: Yeas 133, Nays 12, 2 present, not | ||
voting; and that the House concurred in Senate amendments to H.B. | ||
No. 3574 on May 26, 2017, by the following vote: Yeas 97, Nays 48, | ||
2 present, not voting, and that the House adopted H.C.R. No. 154 | ||
authorizing certain corrections in H.B. No. 3574 on May 28, 2017, by | ||
the following vote: Yeas 141, Nays 0, 2 present, not voting. | ||
______________________________ | ||
Chief Clerk of the House | ||
I certify that H.B. No. 3574 was passed by the Senate, with | ||
amendments, on May 24, 2017, by the following vote: Yeas 28, Nays | ||
3, and that the Senate adopted H.C.R. No. 154 authorizing certain | ||
corrections in H.B. No. 3574 on May 28, 2017, by the following vote: | ||
Yeas 31, Nays 0. | ||
______________________________ | ||
Secretary of the Senate | ||
APPROVED: __________________ | ||
Date | ||
__________________ | ||
Governor |