Bill Text: TX SB2447 | 2019-2020 | 86th Legislature | Introduced
Bill Title: Relating to certain rental assistance and other projects financed by private activity bonds.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (N/A - Dead) 2019-03-27 - Referred to Intergovernmental Relations [SB2447 Detail]
Download: Texas-2019-SB2447-Introduced.html
2019S0431-1 03/14/19 | ||
By: Rodríguez | S.B. No. 2447 |
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relating to certain rental assistance and other projects financed | ||
by private activity bonds. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Section 1372.002(f), Government Code, is amended | ||
to read as follows: | ||
(f) Notwithstanding Subsection (c), an applicant to which | ||
this subsection applies may aggregate more than one qualified | ||
residential rental project into a single, combined project as part | ||
of the participation of the housing authority for the applicable | ||
municipality in the Rental Assistance Demonstration program | ||
administered by the United States Department of Housing and Urban | ||
Development, as specified by the Consolidated and Further | ||
Continuing Appropriations Act of 2012 (Pub. L. No. 112-55) and its | ||
subsequent amendments, if the combined project is: | ||
(1) related to the municipal housing authority's | ||
conversion of public housing units as permitted under that program; | ||
or | ||
(2) a part of any other project of the housing | ||
authority for the applicable municipality. | ||
SECTION 2. This Act takes effect September 1, 2019. |