Bill
Bill > H2895
MA H2895
MA H2895Empowering cities and towns to impose a fee on home sales over one million dollars to support affordable housing
summary
Introduced
03/29/2021
03/29/2021
In Committee
03/29/2021
03/29/2021
Crossed Over
Passed
Dead
12/31/2022
12/31/2022
Introduced Session
192nd General Court
Bill Summary
For legislation to authorize cities and towns to impose a fee up to 2 per cent of the purchase price upon the transfer of certain real property. Revenue.
AI Summary
This bill would authorize cities and towns in Massachusetts to impose a fee of up to 2% of the purchase price on the transfer of certain real property, with the revenue generated from this fee to be used to support affordable housing initiatives. The bill does not provide the specific details of how the fee would be implemented or how the funds would be used for affordable housing, as the draft language is still being worked on by the House Counsel.
Committee Categories
Budget and Finance
Sponsors (5)
Dylan Fernandes (D)*,
Elizabeth Malia (D)*,
Michelle Ciccolo (D),
Marjorie Decker (D),
Mindy Domb (D),
Last Action
Accompanied a study order, see H5351 (on 10/13/2022)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://malegislature.gov/Bills/192/H2895 |
| Bill | https://malegislature.gov/Bills/192/H2895.pdf |
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