By: West, Gutierrez  S.B. No. 2549          (In the Senate - Filed March 13, 2025; April 3, 2025, read   first time and referred to Committee on Local Government;   May 9, 2025, reported adversely, with favorable Committee   Substitute by the following vote:  Yeas 6, Nays 1; May 9, 2025, sent   to printer.)     COMMITTEE SUBSTITUTE FOR S.B. No. 2549 By:  Cook     A BILL TO BE ENTITLED   AN ACT     relating to the allocation of housing tax credits to developments   within proximate geographical areas.          BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:          SECTION 1.  Section 2306.6711(f), Government Code, is   amended to read as follows:          (f)  Except as provided by Subsection (f-1), the board may   allocate housing tax credits to more than one development in a   single community, as defined by department rule, in the same   calendar year only if the developments are or will be located more   than two linear miles apart.  This subsection:                (1)  applies only to communities contained within   counties with populations exceeding one million; and                (2)  does not apply to the allocation of housing tax   credits to a development for the rehabilitation of existing   affordable, rent-restricted units.          SECTION 2.  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 qualified   allocation plan or a subsequent plan adopted by the governing board   of the department.  An application that is submitted during an   application cycle that is based on an earlier qualified allocation   plan is governed by the law in effect on the date the application   cycle began, and the former law is continued in effect for that   purpose.          SECTION 3.  This Act takes effect September 1, 2025.     * * * * *