The bill amends Section 2306.67071 of the Government Code to establish additional requirements for applications for low-income housing tax credits specifically for developments financed through the private activity bond program. The heading of the section is updated to reflect this focus, and the language regarding notice, hearing, and resolution by certain governing bodies is removed. Applicants are now required to notify the state representative of the district containing the proposed development site, as well as the governing body of the municipality and the county commissioners court, depending on the location of the site.

Furthermore, a new provision (Subsection c-1) is introduced, stipulating that the board cannot approve an application for housing tax credits if the state representative submits a letter opposing the development, regardless of whether the applicant has complied with the notice requirements. The bill also allows the department to set rules regarding the submission of resolutions or letters related to these applications. The changes will apply to applications submitted during the 2026 qualified allocation plan cycle or later, while applications from earlier cycles will follow the previous law. The bill is set to take effect immediately upon receiving a two-thirds vote or on September 1, 2025, if not.

Statutes affected:
Introduced: Government Code 2306.67071 (Government Code 2306)