Relating to the allocation of low income housing tax credits.
HB 1865 amends Texas law to set new limits on the allocation of low-income housing tax credits. It caps credits at $6 million per application round and reduces the maximum per development from $3 million to $2 million. The changes apply only to applications submitted under the 2026 or later qualified allocation plans, not earlier cycles. The bill takes effect September 1, 2025, and directly affects developers and housing projects seeking these tax credits.
Bill status
in committee
1 of 4 stages cleared
Introduction
Mar 2025
Committee Review
Floor Vote
Governor
Introduced Mar 14, 2025
Last action May 15, 2025
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
13
Key actions
5
Committee
6
May 12, 2025
Lower · Passed
Committee report sent to Calendars
lower
May 12, 2025
Lower · Passed
Committee report distributed
lower
Apr 30, 2025
Lower · Passed
Reported favorably w/o amendment(s)
lower
Apr 22, 2025
Lower · Passed
Left pending in committee
lower
Apr 22, 2025
Lower · Passed
Testimony taken/registration(s) recorded in committee
lower
Mar 14, 2025
Committee
Referred to Intergovernmental Affairs
lower
Mar 14, 2025
Introduced
Read first time
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Joe Moody
DDemocratic
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