Gary Gates, Texas State Representative from the 28th district | Twitter Website
Gary Gates, Texas State Representative from the 28th district | Twitter Website
More specifically, the official text was summarized by the state legislature as ’’Relating to multifamily residential developments owned by public facility corporations’’.
The following is our breakdown, based on the actual bill text, and may include interpretation to clarify its provisions.
This bill amends Texas laws related to multifamily residential developments owned by public facility corporations, setting specific conditions for tax exemptions. It requires at least 10% of units to be reserved for lower-income housing and 40% for moderate income in developments not previously occupied. It mandates 15% of acquisition costs be spent on refurbishing existing developments. Rent reductions must equal at least 60% of foregone taxes due to income restrictions. Developments must submit a compliance audit annually, and a noncompliance finding can lead to a loss of tax exemptions. New provisions requiring exemption applications and detailing eligibility criteria for beneficial tax treatment are established, with an effective date contingent on legislative approval.
Gary Gates, chair of the House Committee on Land & Resource Management and member of the House Committee on Energy Resources, proposed another two bills during the 89(R) legislative session.
Gary Gates is currently serving in the Texas State House, representing the state's 28th House district. He replaced previous state representative John Zerwas in 2020.
Bills in Texas go through a multi-step legislative process, including committee review, debates, and votes in both chambers before reaching a final decision. Each session, there are typically thousands of bills introduced, but only a portion successfully navigate the process to become law.
You can read more about the bills and other measures here.
Bill Number | Date Introduced | Short Description |
---|---|---|
HB 1595 | 03/17/2025 | Relating to public housing authorities; authorizing a fee |
HB 1225 | 03/10/2025 | Relating to the establishment of a bundled-pricing program to reduce certain health care costs in the state employees group benefits program |