SB 2137

S.B. No. 2137
  AN ACT
  relating to the allocation of low income housing tax credits.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Section 2306.67022, Government Code, is amended
  by adding Subsections (d) and (e) to read as follows:
         (d)  The department may not:
               (1)  require as part of the threshold criteria under a
  qualified allocation plan that a public school campus with an
  attendance zone that contains the proposed development site satisfy
  certain criteria relating to educational quality, as specified by
  the department in that plan; or
               (2)  adopt a qualified allocation plan that uses a
  scoring system that awards points to an application based on
  criteria relating to the educational quality of a public school
  campus with an attendance zone that contains the proposed
  development site.
         (e)  This subsection and Subsection (d) expire September 1,
  2027.
         SECTION 2.  (a)  The Texas Department of Housing and
  Community Affairs shall conduct a study of the effects that the
  implementation of Section 2306.67022(d), Government Code, as added
  by this Act, has on the allocation of low income housing tax credits
  in this state.
         (b)  Not later than November 1, 2027, the Texas Department of
  Housing and Community Affairs shall submit to each standing
  committee of the legislature with jurisdiction over affordable
  housing a report regarding the study required by Subsection (a) of
  this section.
         SECTION 3.  The change in law made by this Act applies only
  to an application for low income housing tax credits that is
  submitted to the Texas Department of Housing and Community Affairs
  during an application cycle that is based on the 2026 or 2027
  qualified allocation plan adopted by the governing board of the
  department.
         SECTION 4.  This Act takes effect September 1, 2025.
  ______________________________
  ______________________________
     President of the Senate
  Speaker of the House     
         I hereby certify that S.B. No. 2137 passed the Senate on
  May 12, 2025, by the following vote:  Yeas 24, Nays 6.
  ______________________________
  Secretary of the Senate    
         I hereby certify that S.B. No. 2137 passed the House on
  May 24, 2025, by the following vote:  Yeas 91, Nays 44, two
  present not voting.
  ______________________________
  Chief Clerk of the House   
  Approved:
  ______________________________ 
              Date
  ______________________________ 
            Governor