Bill > H3880

This bill establishes a registry of properties and property owners with multiple unresolved violations of health and safety codes, as determined by the city or town. The Department of Housing and Community Development will levy a fine of 20% of the property tax due annually on each property on the registry, and transfer the funds to the city or town for use on park, street light, and school facility improvements in the vicinity of the property. The bill also establishes a $500 transfer fee for properties on the registry, which must be paid to the Department before the property can be transferred. Additionally, the bill provides a 20% tax credit against the state income tax liability for individuals who purchase a property on the registry and occupy it as their primary residence.

Housing and Urban Affairs

https://malegislature.gov/Bills/191/H3880