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 financed, owned, or operated 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 regulations for multifamily residential developments involved with public facility corporations in Texas, introducing new requirements for tax exemption eligibility. To qualify, developments must reserve at least 10% of units for lower-income and 40% for moderate-income housing. Notifications must be given to local governing bodies 30 days before action on developments. For acquired developments, a significant portion of expenditures must be spent on improvements, or additional low-income housing units must be provided. An independent underwriting assessment is required to ensure feasibility and sufficient rent reduction. Annual compliance audits, detailing rent variations and conformity with sections 303.0421 and 303.0425, are mandatory. In cases of noncompliance, corrective action is required to retain exemptions. The bill mandates a one-time exemption application submission, and its terms apply regardless of the acquisition date. This act takes effect Sept. 1, 2025.
Gary Gates, chair of the House Committee on Land & Resource Management and member of the House Committee on Energy Resources, proposed another 10 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 4306 | 04/01/2025 | Relating to multifamily residential developments owned by public facility corporations |
HB 4305 | 04/01/2025 | Relating to disclosure of rent and certain fees and charges by a landlord |
HB 3172 | 03/27/2025 | Relating to municipal regulation of multifamily and mixed-use development on religious land |
HB 3534 | 03/24/2025 | Relating to multifamily residential developments financed, owned, or operated by public facility corporations |
HB 3533 | 03/24/2025 | Relating to multifamily residential developments financed, owned, or operated by public facility corporations |
HB 3532 | 03/24/2025 | Relating to multifamily residential developments owned by public facility corporations |
HB 21 | 03/18/2025 | Relating to housing finance corporations; authorizing a fee |
HB 1595 | 03/17/2025 | Relating to public housing authorities; authorizing a fee |
HB 1590 | 03/17/2025 | Relating to multifamily residential developments owned by public facility corporations |
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 |