Monitoring the Session

HB 182

bill letting rental housing bonds close at 10 percent down

Filed

Verdict: No flags

No flagsInitial review
Rep. Mihaela PlesaDHouse 70

Initial review · graded Nov 9, 2026 · How we grade

Caption

relating to the definition of "closing" for purposes of certain private activity bonds.

Caption from analyzed text · version I.

Summary

Pay 10 percent up front, lock in the bond allocation.

This bill changes what counts as "closing" on a private activity bond, the step that locks in a project's share of the state's limited bond allocation. For bonds that finance qualified residential rental projects, a bond can now close when the buyer pays only part of the price up front, as long as that first payment is at least 10 percent and the rest comes in under the bond's terms. Issuers and developers of these rental housing projects can lock in their allocation with less money paid at the start, and the rest of the closing rules stay the same.

Labels

Labels: ZOMBIE BILL. Died 2 times: 88R HB 3670 (Died in committee) and 89R HB 1718 (Died in committee). Checked against 88R and 89R only.BACK FROM THE DEAD. Same text as a bill filed before that died: 88R HB 3670 (Died in committee) and 89R HB 1718 (Died in committee). Filed in 3 sessions, counting this one. Checked against 88R and 89R only.TRY NO. 3. Filed in 3 sessions: 88R, 89R and 90R. Checked against 88R and 89R only.

Receipt

The receipt

90R-HB182 · 2026-11-09

SOLD BY

ITEM

relating to the definition of "closing" for purposes of certain private activity bonds.

WHAT IT DOES

Pay 10 percent up front, lock in the bond allocation.

This bill changes what counts as "closing" on a private activity bond, the step that locks in a project's share of the state's limited bond allocation. For bonds that finance qualified residential rental projects, a bond can now close when the buyer pays only part of the price up front, as long as that first payment is at least 10 percent and the rest comes in under the bond's terms. Issuers and developers of these rental housing projects can lock in their allocation with less money paid at the start, and the rest of the closing rules stay the same.

CHARGES

[ ] NONE FOUND

TOTAL

No fiscal note in the loaded record.

HISTORY

  1. Filed
FILED UNDER

No verified beat found.

No flags

THANK YOU FOR CHECKING THE RECEIPT

CAMPAIGN PAID FOR BY

CAMPAIGN PAID FOR BY

Donors

Not tied to this bill.

Sources

The author's campaign account only. Own money and internal transfers are separate on the member page.

Derived itemized flow · Oct 27, 2024 to Oct 24, 2026. State data as of Nov 4, 2026.

Derived itemized contributions on live regular reports and uncovered special-session dates. Internal account transfers and daily reports are excluded.

Texas REALTORS Political Action Committee$79,480.35

Texas REALTORS Political Action Committee

$79,480.35

Cash
$37,500.00
Paid by others
$41,980.35
Total
$79,480.35
mail $33,992.76digital $4,945.63text $2,016.96advertising $525.00fundraiser $500.00

Also funds 140 other sitting lawmakers.

Derived recipient stock · Jul 2, 2024 to Oct 24, 2026. State data as of Nov 4, 2026.

TEC account match.

Team
Sources

Derived itemized flow · Oct 31, 2024 to Oct 20, 2026. State data as of Nov 4, 2026.

Derived itemized contributions on live regular reports and uncovered special-session dates. Internal account transfers and daily reports are excluded.

Report IDs: 101012300, 101032600, 101059513, 101069108, 101072533.

Texas Trial Lawyers Association PAC$55,000.00

Texas Trial Lawyers Association PAC

$55,000.00

Cash
$55,000.00
Paid by others
$0.00
Total
$55,000.00

Also funds 137 other sitting lawmakers.

Derived recipient stock · Jul 24, 2024 to Oct 23, 2026. State data as of Nov 4, 2026.

TEC account match.

Team
Sources

Derived itemized flow · Dec 11, 2024 to Sep 21, 2026. State data as of Nov 4, 2026.

Derived itemized contributions on live regular reports and uncovered special-session dates. Internal account transfers and daily reports are excluded.

Report IDs: 101012300, 101032600, 101059513, 101069108.

TexBlue Media PAC$32,511.00

TexBlue Media PAC

$32,511.00

Cash
$0.00
Paid by others
$32,511.00
Total
$32,511.00
advertising $32,511.00

Also funds 0 other sitting lawmakers.

Derived recipient stock · Sep 25, 2026 to Sep 27, 2026. State data as of Nov 4, 2026.

TEC account match.

Sources

Derived itemized flow · Sep 25, 2026 to Sep 27, 2026. State data as of Nov 4, 2026.

Derived itemized contributions on live regular reports and uncovered special-session dates. Internal account transfers and daily reports are excluded.

Report IDs: 101072533.

Money

Missing data does not establish zero giving. Display amounts are rounded.

×

Texas REALTORS Political Action Committee

$79,480.35

Cash
$37,500.00
Paid by others
$41,980.35
Total
$79,480.35
mail $33,992.76digital $4,945.63text $2,016.96advertising $525.00fundraiser $500.00

Also funds 140 other sitting lawmakers.

Derived recipient stock · Jul 2, 2024 to Oct 24, 2026. State data as of Nov 4, 2026.

TEC account match.

Team
Sources

Derived itemized flow · Oct 31, 2024 to Oct 20, 2026. State data as of Nov 4, 2026.

Derived itemized contributions on live regular reports and uncovered special-session dates. Internal account transfers and daily reports are excluded.

Report IDs: 101012300, 101032600, 101059513, 101069108, 101072533.

×

Texas Trial Lawyers Association PAC

$55,000.00

Cash
$55,000.00
Paid by others
$0.00
Total
$55,000.00

Also funds 137 other sitting lawmakers.

Derived recipient stock · Jul 24, 2024 to Oct 23, 2026. State data as of Nov 4, 2026.

TEC account match.

Team
Sources

Derived itemized flow · Dec 11, 2024 to Sep 21, 2026. State data as of Nov 4, 2026.

Derived itemized contributions on live regular reports and uncovered special-session dates. Internal account transfers and daily reports are excluded.

Report IDs: 101012300, 101032600, 101059513, 101069108.

×

TexBlue Media PAC

$32,511.00

Cash
$0.00
Paid by others
$32,511.00
Total
$32,511.00
advertising $32,511.00

Also funds 0 other sitting lawmakers.

Derived recipient stock · Sep 25, 2026 to Sep 27, 2026. State data as of Nov 4, 2026.

TEC account match.

Sources

Derived itemized flow · Sep 25, 2026 to Sep 27, 2026. State data as of Nov 4, 2026.

Derived itemized contributions on live regular reports and uncovered special-session dates. Internal account transfers and daily reports are excluded.

Report IDs: 101072533.

Votes

No floor vote loaded for this bill.

Fiscal

No fiscal note in the loaded record.

How this was graded

Analysis of text version I by a super-expensive superintelligence, Nov 9, 2026, against the published rubric.

FILED BEFORE

Filed 3 times: 88R, 89R and now. Checked against 88R and 89R only.

88R HB 3670

by Rep. Plesa, same lead author · Died in committee · same text

Introduced text

Last action, May 10, 2023: Referred to Business & Commerce

Relating to the definition of "closing" for purposes of certain private activity bonds.

Caption, 88R bill history

89R HB 1718

by Rep. Plesa, same lead author · Died in committee · same text

Introduced text

Last action, Apr 28, 2025: Referred to Business & Commerce

Relating to the definition of "closing" for purposes of certain private activity bonds.

Caption, 89R bill history

Sources

Texas House · Filed Nov 9, 2026

11/09/2026 H Filed

Texas Legislature Online · Introduced

Data snapshot Nov 10, 2026 at 2:31 AM CST. Grades, charges, quotes and corrections follow the published record.

Subjects

Housing--General

State Finances--Management & Control

BONDS

Text

The text as introduced · 206 words

90R5328 SZA-D

By: Plesa
H.B. No. 182

A BILL TO BE ENTITLED

AN ACT

relating to the definition of "closing" for purposes of certain

private activity bonds.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:

SECTION 1. Section 1372.001(3), Government Code, is amended

to read as follows:

(3) "Closing" means the [ issuance and ] delivery of a

bond by an issuer in exchange for the required payment for the bond.

The term includes, for a qualified residential rental project bond,

delivery of a bond in exchange for a partial payment for the

incremental funding of the bond in accordance with the terms of the

bond, provided that the partial payment is not less than 10 percent

of the required payment for the bond. The term does not include a

delivery of a bond if expenditure of the proceeds of the bond is

conditioned on obtaining credit enhancement in support of the bond.

SECTION 2. This Act takes effect immediately if it receives

a vote of two-thirds of all the members elected to each house, as

provided by Section 39, Article III, Texas Constitution. If this

Act does not receive the vote necessary for immediate effect, this

Act takes effect September 1, 2027.