S.B. No. 1733
 
 
 
 
AN ACT
  relating to certain required provisions in lease agreements used
  for developments that are supported with a low income housing tax
  credit allocation.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Subchapter DD, Chapter 2306, Government Code, is
  amended by adding Section 2306.6735 to read as follows:
         Sec. 2306.6735.  REQUIRED LEASE AGREEMENT PROVISIONS. A
  lease agreement with a tenant in a development supported with a
  housing tax credit allocation must:
               (1)  include any applicable federal or state standards
  identified by department rule that relate to the termination or
  nonrenewal of the lease agreement; and
               (2)  be consistent with state and federal law.
         SECTION 2.  The Texas Department of Housing and Community
  Affairs shall adopt any rules necessary to enforce Section
  2306.6735, Government Code, as added by this Act, not later than
  November 1, 2007.
         SECTION 3.  This Act takes effect September 1, 2007.
 
 
 
 
 
  ______________________________ ______________________________
     President of the Senate Speaker of the House     
 
         I hereby certify that S.B. No. 1733 passed the Senate on
  May 4, 2007, by the following vote:  Yeas 31, Nays 0.
 
 
  ______________________________
  Secretary of the Senate    
 
         I hereby certify that S.B. No. 1733 passed the House on
  May 23, 2007, by the following vote:  Yeas 144, Nays 0, two
  present not voting.
 
 
  ______________________________
  Chief Clerk of the House   
 
 
 
  Approved:
 
  ______________________________ 
              Date
 
 
  ______________________________ 
            Governor