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AN ACT
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relating to the administration of housing funds set aside for |
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persons with disabilities through the homebuyer assistance |
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program. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 2306.111, Government Code, is amended by |
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adding Subsection (c-3) to read as follows: |
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(c-3) In administering funds that are set aside for persons |
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with disabilities under Subsection (c)(2) and allocated through the |
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homebuyer assistance program, the department: |
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(1) may not require a person to enter into a contract |
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to purchase a home before applying for or reserving funds allocated |
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through the program; and |
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(2) by rule shall implement a preapproval process |
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under which a person: |
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(A) before funds allocated through the program |
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are made available, may establish eligibility to receive those |
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funds; and |
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(B) has an adequate period of at least 90 days in |
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which to locate a home for purchase using funds made available under |
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the program. |
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SECTION 2. The Texas Department of Housing and Community |
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Affairs shall adopt rules under Section 2306.111(c-3), Government |
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Code, as added by this Act, not later than December 31, 2015. |
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SECTION 3. The change in law made by this Act applies only |
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to an application for housing funds that are administered through |
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the homebuyer assistance program submitted to the Texas Department |
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of Housing and Community Affairs on or after the date the rules |
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adopted by the department under Section 2306.111(c-3), Government |
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Code, as added by this Act, take effect. An application for housing |
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funds submitted before the date the rules take effect is governed by |
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the law in effect immediately before the effective date of this Act, |
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and the former law is continued in effect for that purpose. |
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SECTION 4. This Act takes effect September 1, 2015. |
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______________________________ |
______________________________ |
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President of the Senate |
Speaker of the House |
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I certify that H.B. No. 1428 was passed by the House on April |
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30, 2015, by the following vote: Yeas 138, Nays 1, 1 present, not |
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voting. |
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______________________________ |
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Chief Clerk of the House |
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I certify that H.B. No. 1428 was passed by the Senate on May |
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20, 2015, by the following vote: Yeas 31, Nays 0. |
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______________________________ |
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Secretary of the Senate |
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APPROVED: _____________________ |
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Date |
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_____________________ |
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Governor |