MA H3637

Bill

Authorizing the town of Nantucket to impose a real estate transfer fee for affordable and workforce housing

Introduced
03/27/2019

In Committee
06/24/2020

Crossed Over

Passed

Dead
12/31/2020

Introduced Session

191st General Court

Bill Summary

That the town of Nantucket be authorized to impose real estate transfer fees for certain housing. Revenue. [Local Approval Received.]

AI Summary

This bill authorizes the town of Nantucket to impose a 0.5% real estate transfer fee on the purchase price of real property transactions in Nantucket County. The revenue from this fee will be deposited into the town's Affordable Housing Trust Fund and used for affordable and workforce housing purposes. The bill includes various exemptions from the fee, such as transfers to government entities, gifts, and certain corporate and partnership transfers. It also provides for the administration and enforcement of the fee, including penalties for non-payment. The fee is set to expire after 10 years, but can be reauthorized by the town for additional 5-year periods.

Committee Categories

Budget and Finance

Sponsors (2)

Julian Cyr (D), Dylan Fernandes (D),

Last Action

Bill reported favorably by committee and referred to the committee on House Steering, Policy and Scheduling (on 06/24/2020)

Official Document

https://malegislature.gov/Bills/191/H3637

(11 Companion Bills)

Version:

Document Type	Source Location
State Bill Page	https://malegislature.gov/Bills/191/H3637
Bill	https://malegislature.gov/Bills/191/H3637.pdf

Bill	Bill Name	Last Action	Type
H1263	To promote affordable housing	Accompanied a study order, see H4975	Similar To
H1323	To exclude cities and towns that adopt a housing linkage program from certain provisions of chapter 40b	Accompanied a study order, see H4975	Similar To
H1327	Relative to reducing damage caused by the current foreclosure crisis in the historic districts of Massachusetts	Accompanied a study order, see H4941	Similar To
H3696	Relative to certain affordable housing in the South End section of the city of Boston	Signed by the Governor, Chapter 55 of the Acts of 2020	Similar To
H3954	Amending the charter for the town of Nantucket	Accompanied a new draft, see H4011	Similar To
S1470	Relative to local public housing authorities access to the dental and vision insurance plan managed by the group insurance commission	Bill reported favorably by committee and referred to the committee on Senate Ways and Means	Similar To
S2421	Further defining the purposes of the affordable housing trust in the city of Somerville	Read; and referred to the committee on House Steering, Policy and Scheduling	Similar To
S2440	Relative to local housing authority board member elections	Read; and referred to the committee on House Ways and Means	Similar To
S778	Relative to local public housing authorities	Accompanied a study order, see S2527	Similar To
S804	To update Chapter 40B to support the creation of affordable housing while strengthening local oversight	Accompanied a study order, see S2526	Similar To
S817	Ensuring affordability in perpetuity	Accompanied a study order, see S2526	Similar To

Bill

Bill Name

Last Action

Type

H1263

To promote affordable housing

Accompanied a study order, see H4975

Similar To

H1323

To exclude cities and towns that adopt a housing linkage program from certain provisions of chapter 40b

Accompanied a study order, see H4975

Similar To

H1327

Relative to reducing damage caused by the current foreclosure crisis in the historic districts of Massachusetts

Accompanied a study order, see H4941

Similar To

H3696

Relative to certain affordable housing in the South End section of the city of Boston

Signed by the Governor, Chapter 55 of the Acts of 2020

Similar To

H3954

Amending the charter for the town of Nantucket

Accompanied a new draft, see H4011

Similar To

S1470

Relative to local public housing authorities access to the dental and vision insurance plan managed by the group insurance commission

Bill reported favorably by committee and referred to the committee on Senate Ways and Means

Similar To

S2421

Further defining the purposes of the affordable housing trust in the city of Somerville

Read; and referred to the committee on House Steering, Policy and Scheduling

Similar To

S2440

Relative to local housing authority board member elections

Read; and referred to the committee on House Ways and Means

Similar To

S778

Relative to local public housing authorities

Accompanied a study order, see S2527

Similar To

S804

To update Chapter 40B to support the creation of affordable housing while strengthening local oversight

Accompanied a study order, see S2526

Similar To

S817

Ensuring affordability in perpetuity

Accompanied a study order, see S2526

Similar To

Bill > H3637

MA H3637

summary

Introduced Session

Bill Summary

AI Summary

Committee Categories

Sponsors (2)

Last Action

Official Document

bill text

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