S.B. No. 2137 amends Section 2306.67022 of the Government Code regarding the allocation of low-income housing tax credits. The bill introduces new provisions that prohibit the Texas Department of Housing and Community Affairs from requiring public school campuses within the attendance zones of proposed development sites to meet specific educational quality criteria as part of the threshold criteria in their qualified allocation plans. Additionally, the department is restricted from adopting scoring systems that award points based on the educational quality of these public school campuses. These new provisions will expire on September 1, 2027.

Furthermore, the bill mandates the Texas Department of Housing and Community Affairs to conduct a study on the impact of these changes on the allocation of low-income housing tax credits, with a report due to the legislature by November 1, 2027. The changes will only apply to applications for low-income housing tax credits submitted during the 2026 or 2027 application cycles based on the qualified allocation plan adopted by the department. The act is set to take effect on September 1, 2025.

Statutes affected:
Introduced: Government Code 2306.67022 (Government Code 2306)
Senate Committee Report: Government Code 2306.67022 (Government Code 2306)
Engrossed: Government Code 2306.67022 (Government Code 2306)
House Committee Report: Government Code 2306.67022 (Government Code 2306)
Enrolled: Government Code 2306.67022 (Government Code 2306)