MA H2942

Bill

Authorizing the city of Boston to fund affordable housing through a fee on certain real estate transfers

Introduced
03/29/2021

In Committee
03/10/2022

Crossed Over

Passed

Dead
12/31/2022

Introduced Session

192nd General Court

Bill Summary

That the city of Boston be authorized to fund affordable housing through a fee on certain real estate transfers. Revenue. [Local Approval Received.]

AI Summary

This bill authorizes the city of Boston to fund affordable housing through a fee of up to 2 percent on certain real estate transfers. The fee would be split equally between the seller and the purchaser, with some exemptions for transfers between family members, transfers of convenience, transfers to government entities, and transfers where the sale price is under $2 million. The revenue from the fees would be deposited into the city's Neighborhood Housing Trust and could be used for programs related to housing acquisition, affordability, creation, preservation, stability, and addressing disparities in housing access and opportunity. The city is required to issue an annual report on the fee receipts and the use of the funds.

Committee Categories

Budget and Finance

Sponsors (1)

Kevin Honan (D)*,

Last Action

No further action taken (on 01/03/2023)

Official Document

https://malegislature.gov/Bills/192/H2942

(15 Companion Bills)

Version:

Document Type	Source Location
State Bill Page	https://malegislature.gov/Bills/192/H2942
Bill	https://malegislature.gov/Bills/192/H2942.pdf

Bill	Bill Name	Last Action	Type
H2986	Authorizing a local affordable housing surcharge	Accompanied a study order, see H5247	Similar To
H3221	Designating the Boston cream pie cupcake as the official cupcake of the Commonwealth	Accompanied a study order, see H5334	Similar To
H3914	Designating a certain playground on the Esplanade in the city of Boston as the Gronk Playground	Signed by the Governor, Chapter 109 of the Acts of 2022	Similar To
H4111	Authorizing the city of Boston to establish an alternative superannuation retirement benefit program	Accompanied H19	Similar To
H4899	Authorizing the commissioner of the division of capital asset management to convey certain former Boston State Hospital land in the city of Boston	Signed by the Governor, Chapter 275 of the Acts of 2022	Similar To
H847	Resolve to establish a special commission to perform an investigation and providing for a study relative to the long term management, maintenance and future use of the Boston Harbor Long and Moon Islands	Accompanied a study order, see H5041	Similar To
H865	Expanding pleasure boat access to Boston Harbor	Accompanied a study order, see H5041	Similar To
S1774	Relative to boston school police retirement	Accompanied a study order, see S2679	Similar To
S1853	Providing for climate change adaptation infrastructure and affordable housing investments in the Commonwealth	Accompanied a study order, see H5351	Similar To
S1985	Relative to tax credits for affordable housing	Accompanied a study order, see H5250	Similar To
S2115	Relative to a transfer of a certain parcel of land in Hyde Park	Bill reported favorably by committee and referred to the committee on Senate Ways and Means	Similar To
S2257	Relative to congestion in East Boston	Bill reported favorably by committee and referred to the committee on Senate Ways and Means	Similar To
S3078	Relative to sustainability and resiliency in the Dorchester section of the city of Boston	New draft (Collins) substituted, see S3088	Similar To
S33	Directing the city of Boston police department to waive the maximum age requirement for police officers for Daryle Lamonica	Signed by the Governor, Chapter 10 of the Acts of 2021	Similar To
S888	Promoting access to affordable housing in the 21st century	Accompanied a study order, see H5276	Similar To

Bill

Bill Name

Last Action

Type

H2986

Authorizing a local affordable housing surcharge

Accompanied a study order, see H5247

Similar To

H3221

Designating the Boston cream pie cupcake as the official cupcake of the Commonwealth

Accompanied a study order, see H5334

Similar To

H3914

Designating a certain playground on the Esplanade in the city of Boston as the Gronk Playground

Signed by the Governor, Chapter 109 of the Acts of 2022

Similar To

H4111

Authorizing the city of Boston to establish an alternative superannuation retirement benefit program

Accompanied H19

Similar To

H4899

Authorizing the commissioner of the division of capital asset management to convey certain former Boston State Hospital land in the city of Boston

Signed by the Governor, Chapter 275 of the Acts of 2022

Similar To

H847

Resolve to establish a special commission to perform an investigation and providing for a study relative to the long term management, maintenance and future use of the Boston Harbor Long and Moon Islands

Accompanied a study order, see H5041

Similar To

H865

Expanding pleasure boat access to Boston Harbor

Accompanied a study order, see H5041

Similar To

S1774

Relative to boston school police retirement

Accompanied a study order, see S2679

Similar To

S1853

Providing for climate change adaptation infrastructure and affordable housing investments in the Commonwealth

Accompanied a study order, see H5351

Similar To

S1985

Relative to tax credits for affordable housing

Accompanied a study order, see H5250

Similar To

S2115

Relative to a transfer of a certain parcel of land in Hyde Park

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

Similar To

S2257

Relative to congestion in East Boston

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

Similar To

S3078

Relative to sustainability and resiliency in the Dorchester section of the city of Boston

New draft (Collins) substituted, see S3088

Similar To

S33

Directing the city of Boston police department to waive the maximum age requirement for police officers for Daryle Lamonica

Signed by the Governor, Chapter 10 of the Acts of 2021

Similar To

S888

Promoting access to affordable housing in the 21st century

Accompanied a study order, see H5276

Similar To

Bill > H2942

MA H2942

summary

Introduced Session

Bill Summary

AI Summary

Committee Categories

Sponsors (1)

Last Action

Official Document

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bill summary

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