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Bill

SB 2814

Relating to a franchise or insurance premium tax credit for certain housing developments.

89th Legislature (2025) Introduced by Carol Alvarado

SB 2814 creates state tax credits for franchise/insurance premiums to incentivize private investment in designated housing development projects in Texas.

Referred to Finance
#comptrollerofpublicaccounts(v2608) #housing&communityaffairs #texasdepartmentof(v0008) #taxation--franchise(i0807) #taxation--property-miscellaneous(i0797)
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Bill Summary · SB 2814

Legislative bill overview

SB 2814 would establish a franchise or insurance premium tax credit for entities that develop or invest in certain housing projects. The bill appears designed to incentivize private investment in housing development by offering tax relief to qualifying companies or investors participating in housing initiatives.

Why is this important

Housing affordability and availability remain pressing issues in Texas, particularly in urban areas. Tax incentive programs can influence private sector participation in development projects, potentially affecting housing supply, construction jobs, and community investment patterns.

Potential points of contention

  • Fiscal impact and revenue loss: Critics may argue that tax credits reduce state revenue without guaranteed affordable housing outcomes or may primarily benefit developers rather than low-income residents
  • Definition of "certain housing developments": The vague language raises questions about which projects qualify, potentially creating inconsistent application or opportunities for selective use
  • Accountability mechanisms: The bill may lack provisions ensuring housing affordability requirements, long-term compliance monitoring, or clawback provisions if projects fail to meet intended goals

Compiled from official sources — confirm details with the bill’s official record.

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