Relating to housing finance corporations; authorizing a fee.
SB 867 amends Texas law to require housing finance corporations to follow open meetings and open records laws (Chapters 551 and 552 of the Government Code). This directly affects housing finance corporations by mandating public transparency in their meetings and records. The key provision adds Section 394.0045 to the Local Government Code, applying standard public accountability rules to these entities. The bill does not create a new fee, as its title suggests, but instead modifies governance requirements for existing housing finance corporations. These changes ensure greater public access to the operations of entities managing affordable housing programs.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2025
Committee Review
Floor Vote
Governor
Introduced Jan 22, 2025
Last action May 15, 2025
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
21
Key actions
5
Committee
6
May 5, 2025
Upper · Passed
Committee report printed and distributed
upper
May 5, 2025
Upper · Passed
Reported favorably as substituted
upper
Apr 29, 2025
Upper · Passed
Vote taken in committee
upper
Apr 14, 2025
Upper · Passed
Left pending in committee
upper
Apr 14, 2025
Upper · Passed
Testimony taken in committee
upper
Feb 13, 2025
Committee
Referred to Local Government
upper
Feb 13, 2025
Introduced
Read first time
upper
1 primary · 7 co-sponsors
Sponsors
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