HBA-TBM H.B. 3414 77(R)BILL ANALYSIS


Office of House Bill AnalysisH.B. 3414
By: McClendon
Urban Affairs
7/25/2001
Enrolled



BACKGROUND AND PURPOSE 

Modern housing developments have begun to combine commercial space with
residential space, providing residents with services such as laundry, day
care, health care, and retail stores.  Prior to the 77th Legislature, state
law did not authorize public housing authorities to incorporate commercial
tenants into their projects even though they could provide valuable
services to tenants while subsidizing the cost of a project.  House Bill
3414 authorizes public housing authorities to incorporate commercial and
residential space in housing development projects.    

RULEMAKING AUTHORITY

It is the opinion of the Office of House Bill Analysis that this bill does
not expressly delegate any additional rulemaking authority to a state
officer, department, agency, or institution. 

ANALYSIS

House Bill 3414 amends the Local Government Code to authorize a public
housing authority to form a partnership or another legal entity to raise
capital for a housing project to be owned by the partnership or other legal
entity, and to acquire, construct, lease, or manage commercial space
incidental to a mixedfinance housing project if certain restrictions are
met.   

EFFECTIVE DATE

September 1, 2001.