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.
The bill amends regulations related to multifamily residential developments owned by public facility corporations in Texas, introducing new definitions and rent reduction requirements for beneficial tax treatments starting from the tax year beginning after its effective date. It establishes conditions under which tax exemptions are granted, such as mandating a percentage of units be designated for lower and moderate-income housing. Public facility users must submit annual audit reports demonstrating compliance with rent and income restrictions, with noncompliance resulting in loss of tax exemptions. New and existing developments face specific guidelines, including requirements for notifying local taxing authorities and securing approvals if board members are not elected officials. Sections are added to outline scenarios where rent reductions are necessary for maintaining tax benefits, and exemptions are contingent upon an application process with the Texas Department of Housing and Community Affairs. The Act will become effective immediately or by Sept. 1, 2025, based 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 six 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 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 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 |
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