Bill Text: TX HB1472 | 2023-2024 | 88th Legislature | Enrolled
Bill Title: Relating to eligibility requirements under the owner-builder loan program.
Spectrum: Slight Partisan Bill (Democrat 4-2)
Status: (Passed) 2023-06-09 - Effective on 9/1/23 [HB1472 Detail]
Download: Texas-2023-HB1472-Enrolled.html
H.B. No. 1472 |
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relating to eligibility requirements under the owner-builder loan | ||
program. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Section 2306.753(b), Government Code, is amended | ||
to read as follows: | ||
(b) To be eligible for a loan under this subchapter, an | ||
owner-builder: | ||
(1) may not have an annual income that exceeds 80 [ |
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percent, as determined by the department, of the greater of the | ||
state or local median family income, when combined with the income | ||
of any person who resides with the owner-builder; | ||
(2) must have resided in this state for the preceding | ||
six months; | ||
(3) must have successfully completed an owner-builder | ||
education class under Section 2306.756; and | ||
(4) must agree to: | ||
(A) provide through personal labor at least 65 | ||
percent of the labor necessary to build or rehabilitate the | ||
proposed housing by working through a state-certified | ||
owner-builder housing program; | ||
(B) provide an amount of personal labor | ||
equivalent to the amount required under Paragraph (A) in connection | ||
with building or rehabilitating housing for others through a | ||
state-certified owner-builder housing program; | ||
(C) provide through the noncontract labor of | ||
friends, family, or volunteers and through personal labor at least | ||
65 percent of the labor necessary to build or rehabilitate the | ||
proposed housing by working through a state-certified | ||
owner-builder housing program; or | ||
(D) if due to documented disability or other | ||
limiting circumstances as defined by department rule the | ||
owner-builder cannot provide the amount of personal labor otherwise | ||
required by this subdivision, provide through the noncontract labor | ||
of friends, family, or volunteers at least 65 percent of the labor | ||
necessary to build or rehabilitate the proposed housing by working | ||
through a state-certified owner-builder housing program. | ||
SECTION 2. This Act takes effect immediately if it receives | ||
a vote of two-thirds of all the members elected to each house, as | ||
provided by Section 39, Article III, Texas Constitution. If this | ||
Act does not receive the vote necessary for immediate effect, this | ||
Act takes effect September 1, 2023. | ||
______________________________ | ______________________________ | |
President of the Senate | Speaker of the House | |
I certify that H.B. No. 1472 was passed by the House on April | ||
14, 2023, by the following vote: Yeas 98, Nays 45, 2 present, not | ||
voting. | ||
______________________________ | ||
Chief Clerk of the House | ||
I certify that H.B. No. 1472 was passed by the Senate on May | ||
17, 2023, by the following vote: Yeas 22, Nays 9. | ||
______________________________ | ||
Secretary of the Senate | ||
APPROVED: _____________________ | ||
Date | ||
_____________________ | ||
Governor |