Bill

Bill > H1769


MA H1769

Supporting affordable housing with a local option for a fee to be applied to certain real estate transactions


summary

Introduced
01/22/2019
In Committee
12/05/2019
Crossed Over
Passed
Dead
12/31/2020

Introduced Session

191st General Court

Bill Summary

Relative to supporting affordable housing with a local option for a fee to be applied to certain real estate transactions. Municipalities and Regional Government.

AI Summary

This bill allows municipalities and regional governments in Massachusetts to impose a fee between 0.5% and 2% of the purchase price on certain real estate transactions, with the funds collected going towards the local Affordable Housing Trust Fund. The fee would not apply to transfers to government entities or certain charitable organizations. Municipalities can also establish exemptions, such as for seniors, low-income buyers, or transfers between family members. The register of deeds cannot record a deed unless it is accompanied by a certificate indicating the fee has been paid or the transaction is exempt.

Committee Categories

Government Affairs

Sponsors (38)

Christine Barber (D),  Mike Barrett (D),  Joseph Boncore (D),  Pete Capano (D),  Harriette Chandler (D),  Sonia Chang-Díaz (D),  Michelle Ciccolo (D),  Mike Connolly (D),  Julian Cyr (D),  Marjorie Decker (D),  Sal DiDomenico (D),  Mindy Domb (D),  William Driscoll (D),  Jamie Eldridge (D),  Dylan Fernandes (D),  Sean Garballey (D),  Carlos González (D),  Tami Gouveia (D),  Jonathan Hecht (D),  Chris Hendricks (D),  Natalie Higgins (D),  Pat Jehlen (D),  Patrick Kearney (D),  Mary Keefe (D),  Kay Khan (D),  Jack Lewis (D),  Jason Lewis (D),  Jay Livingstone (D),  Adrian Madaro (D),  Liz Miranda (D),  Denise Provost (D),  Becca Rausch (D),  Maria Robinson (D),  Dave Rogers (D),  Lindsay Sabadosa (D),  Jon Santiago (D),  Chynah Tyler (D),  Bud Williams (D), 

Last Action

Committee reported that the matter be placed in the Orders of the Day for the next sitting for a second reading (on 01/13/2020)

bill text


bill summary

Loading...

bill summary

Loading...

bill summary

Loading...