Bill
Bill > SB1278
summary
Introduced
02/28/2023
02/28/2023
In Committee
03/09/2023
03/09/2023
Crossed Over
Passed
Dead
05/29/2023
05/29/2023
Introduced Session
88th Legislature Regular Session
Bill Summary
Relating to certain public facilities used to provide affordable housing.
AI Summary
This bill amends the Local Government Code to allow public facility corporations, including those created by housing authorities, to finance, own, or operate multifamily residential developments in their areas of operation or jurisdictional boundaries. It also provides tax exemptions for these developments, subject to certain requirements, such as reserving a minimum percentage of units for lower-income households and accepting tenants with housing choice vouchers. The bill aims to facilitate the use of public facilities to provide affordable housing.
Committee Categories
Government Affairs
Sponsors (2)
Last Action
Co-author authorized (on 04/17/2023)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://capitol.texas.gov/BillLookup/History.aspx?LegSess=88R&Bill=SB1278 |
| Analysis (Introduced) | https://capitol.texas.gov/tlodocs/88R/analysis/html/SB01278I.htm |
| Fiscal Note (Introduced) | https://capitol.texas.gov/tlodocs/88R/fiscalnotes/html/SB01278I.htm |
| BillText | https://capitol.texas.gov/tlodocs/88R/billtext/html/SB01278I.htm |
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