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Bill > H2890

MA H2890

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

summary

Introduced
03/29/2021
In Committee
03/29/2021
Crossed Over
Passed
Dead
12/31/2022

Introduced Session

192nd General Court

Bill Summary

Relative to an excise for climate change adaptation infrastructure and affordable housing investments. Revenue.

AI Summary

This bill amends chapter 64D of the Massachusetts General Laws to increase the excise tax on certain real estate transactions. The additional revenue generated will be used to fund the Global Warming Solutions Trust Fund, the Affordable Housing Trust Fund, and the Housing Preservation and Stabilization Trust Fund. The bill also includes a temporary provision allowing the Commonwealth to use the funds generated for the Affordable Housing Trust Fund and the Housing Preservation and Stabilization Trust Fund to provide emergency assistance to low-income tenants and homeowners impacted by the COVID-19 pandemic.

Committee Categories

Budget and Finance

Sponsors (48)

Nika Elugardo (D)*,  Ruth Balser (D),  Christine Barber (D),  Tony Cabral (D),  Pete Capano (D),  Michelle Ciccolo (D),  Jo Comerford (D),  Mike Connolly (D),  Rob Consalvo (D),  Marcos Devers (D),  Sal DiDomenico (D),  Dan Donahue (D),  William Driscoll (D),  Pat Duffy (D),  Jamie Eldridge (D),  Tricia Farley-Bouvier (D),  Brandy Fluker Oakley (D),  Sean Garballey (D),  Carmine Gentile (D),  Carlos González (D),  Tami Gouveia (D),  Natalie Higgins (D),  Russell Holmes (D),  Kevin Honan (D),  Vanna Howard (D),  Mary Keefe (D),  Kay Khan (D),  David LeBoeuf (D),  Jack Lewis (D),  Jason Lewis (D),  David Linsky (D),  Adrian Madaro (D),  Elizabeth Malia (D),  Paul Mark (D),  Christina Minicucci (D),  Liz Miranda (D),  Steve Owens (D),  Orlando Ramos (D),  Becca Rausch (D),  Maria Robinson (D),  Dave Rogers (D),  Danny Ryan (D),  Lindsay Sabadosa (D),  Jon Santiago (D),  Dan Sena (D),  Tom Stanley (D),  Erika Uyterhoeven (D),  Tommy Vitolo (D), 

Last Action

Accompanied a study order, see H5351 (on 10/13/2022)
(2 Companion Bills)

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Document Type Source Location
State Bill Page https://malegislature.gov/Bills/192/H2890
Bill https://malegislature.gov/Bills/192/H2890.pdf
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