Bill

SB 403

87(R) - 2021
Senate Local Government
Senate Local Government
Housing & Urban Affairs

Contact the Author

Nathan Johnson

Phone:

512-463-0116

Capitol Office:

3S.3

Email:

Vote Recommendation

Neutral
  • Neutral
  • Neutral
  • Neutral
  • Neutral
  • Neutral

Author(s)

Nathan Johnson

Bill Caption

Relating to a right of first refusal applicable to the sale of housing developments that have received certain financial assistance administered by the Texas Department of Housing and Community Affairs.

Fiscal Notes

No fiscal implication to the State is anticipated.

Bill Analysis

SB 403 would allow owners of certain qualified low-income housing developments to negotiate or enter into a purchase agreement with a public housing authority or eligible public facility corporations for the sale of the property during the first 60 days of the 180-day right of first refusal period.

Vote Recommendation Notes

Texas Action is neutral toward SB 403.

Contact the Author

Nathan Johnson

Phone:

512-463-0116

Capitol Office:

3S.3

Email: