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TX HB438
Bill
Status
11/12/2024
Primary Sponsor
Jon Rosenthal
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AI Summary
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Prohibits owners of developments receiving low income housing tax credit allocations from increasing rent for residents during the duration of their lease agreement
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Exempts rent adjustments made under Section 8 voucher programs (United States Housing Act of 1937) or similar rental subsidy programs from the rent increase prohibition
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Adds the rent increase prohibition to existing tenant protections that already prevent lockouts and seizure of personal property without judicial process in tax credit housing developments
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Applies only to lease agreements entered into or renewed on or after September 1, 2025
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Takes effect September 1, 2025
Legislative Description
Relating to prohibiting an increase in the rent of a tenant residing in a development supported with a low income housing tax credit allocation.
Property Interests
Last Action
Referred to Intergovernmental Affairs
2/28/2025