# Tex. Government Code § 1372.022: AVAILABILITY OF STATE CEILING TO ISSUERS

> Texas · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_TX_Cgv_C1372_S1372.022

## Section

- **Citation:** Tex. Government Code § 1372.022
- **Heading:** AVAILABILITY OF STATE CEILING TO ISSUERS
- **Jurisdiction:** Texas
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** TX Code / Code gv / Chapter 1372 / Section 1372.022

## Text

(a) If the state ceiling is computed on the basis of $75 per capita or a greater amount, before August 15 of each year:

(1) 32.25 percent of the state ceiling is available exclusively for reservations by issuers of qualified mortgage bonds;

(2) 10.0 percent of the state ceiling is available exclusively for reservations by issuers of state-voted issues;

(3) 2.0 percent of the state ceiling is available exclusively for reservations by issuers of qualified small issue bonds and enterprise zone facility bonds;

(4) 26.25 percent of the state ceiling is available exclusively for reservations by issuers of qualified residential rental project bonds; and

(5) 29.5 percent of the state ceiling is available exclusively for reservations by any other issuer of bonds that require an allocation.

(b) On and after August 15, that portion of the state ceiling available for reservations becomes available for all applications for reservations in the order determined by the board by lot. If all applicants for a reservation have been offered a portion of the available state ceiling, then the board shall grant reservations in the order in which the applications for those reservations are received.

## Nearby sections

- [Tex. Government Code § 1372.001 § 1372.001. DEFINITIONS.](https://www.frixlaw.com/law-library/statutes/STATE_TX_Cgv_C1372_S1372.001.md)
- [Tex. Government Code § 1372.002 § 1372.002.](https://www.frixlaw.com/law-library/statutes/STATE_TX_Cgv_C1372_S1372.002.md)
- [Tex. Government Code § 1372.003 § 1372.003.](https://www.frixlaw.com/law-library/statutes/STATE_TX_Cgv_C1372_S1372.003.md)
- [Tex. Government Code § 1372.004 § 1372.004. RULES.](https://www.frixlaw.com/law-library/statutes/STATE_TX_Cgv_C1372_S1372.004.md)
- [Tex. Government Code § 1372.005 § 1372.005. DELIVERY OF REQUIRED SUBMISSIONS TO BOARD; ISSUANCE OF RECEIPTS.](https://www.frixlaw.com/law-library/statutes/STATE_TX_Cgv_C1372_S1372.005.md)
- [Tex. Government Code § 1372.006 § 1372.006. FEES.](https://www.frixlaw.com/law-library/statutes/STATE_TX_Cgv_C1372_S1372.006.md)
- [Tex. Government Code § 1372.021 § 1372.021. ANNUAL ALLOCATION OF STATE CEILING.](https://www.frixlaw.com/law-library/statutes/STATE_TX_Cgv_C1372_S1372.021.md)
- [Tex. Government Code § 1372.022 § 1372.022. AVAILABILITY OF STATE CEILING TO ISSUERS.](https://www.frixlaw.com/law-library/statutes/STATE_TX_Cgv_C1372_S1372.022.md)
- [Tex. Government Code § 1372.023 § 1372.023. DEDICATION OF PORTIONS OF STATE CEILING TO TEXAS DEPARTMENT OF HOUSING AND COMMUNITY AFFAIRS.](https://www.frixlaw.com/law-library/statutes/STATE_TX_Cgv_C1372_S1372.023.md)
- [Tex. Government Code § 1372.024 § 1372.024. INCREASE IN AMOUNT OF STATE CEILING AVAILABLE TO ISSUERS OF STATE-VOTED ISSUES.](https://www.frixlaw.com/law-library/statutes/STATE_TX_Cgv_C1372_S1372.024.md)
- [Tex. Government Code § 1372.025 § 1372.025. REALLOCATION OF STATE CEILING ON FAILURE OF BONDS TO QUALIFY AS TAX-EXEMPT OBLIGATIONS.](https://www.frixlaw.com/law-library/statutes/STATE_TX_Cgv_C1372_S1372.025.md)
- [Tex. Government Code § 1372.026 § 1372.026. LIMITATION ON AMOUNT OF STATE CEILING AVAILABLE TO HOUSING FINANCE CORPORATIONS.](https://www.frixlaw.com/law-library/statutes/STATE_TX_Cgv_C1372_S1372.026.md)
- [Tex. Government Code § 1372.027 § 1372.027. PUBLICATION OF AVAILABLE STATE CEILING.](https://www.frixlaw.com/law-library/statutes/STATE_TX_Cgv_C1372_S1372.027.md)
- [Tex. Government Code § 1372.028 § 1372.028. APPLICATION FOR RESERVATION; FORM AND CONTENT.](https://www.frixlaw.com/law-library/statutes/STATE_TX_Cgv_C1372_S1372.028.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_TX_Cgv_C1372_S1372.022. Check the current official text before relying on it. Not legal advice.