MA H4295

Bill

Establishing a real estate transfer fee upon the transfer of property in the town of Arlington

Introduced
12/16/2021

In Committee
03/10/2022

Crossed Over

Passed

Dead
12/31/2022

Introduced Session

192nd General Court

Bill Summary

That the town of Arlington be authorized to establish a real estate transfer fee upon the transfer of property in said town. Revenue. [Local Approval Received.]

AI Summary

This bill authorizes the town of Arlington to establish a real estate transfer fee of between 0.05% and 2% of the transfer price, to be paid by the buyer, seller, or both upon the sale of property in the town. The fee would apply to transfers exceeding a threshold price set by town meeting, and the revenue would be deposited into the Arlington Affordable Housing Trust Fund to finance affordable housing. The bill includes various exemptions, such as for transfers below the threshold price, gifts to certain family members, and transfers to government entities and charitable organizations. The town is also authorized to adopt additional requirements, exemptions, and regulations to implement and enforce the fee.

Committee Categories

Budget and Finance

Sponsors (3)

Cindy Friedman (D)*, Sean Garballey (D)*, Dave Rogers (D),

Last Action

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

Official Document

https://malegislature.gov/Bills/192/H4295

(7 Companion Bills)

Version:

Document Type	Source Location
State Bill Page	https://malegislature.gov/Bills/192/H4295
Bill	https://malegislature.gov/Bills/192/H4295.pdf

Bill	Bill Name	Last Action	Type
H3464	Regulating the traffic utilization of Route 60 in the town of Arlington and the city of Medford	Accompanied a study order, see H4966	Similar To
H3745	Relative to the election of town meeting members in the town of Arlington	Signed by the Governor, Chapter 10 of the Acts of 2022	Similar To
H3749	Authorizing senior water and sewer discounts in the town of Arlington	Signed by the Governor, Chapter 118 of the Acts of 2022	Similar To
H3750	Authorizing the town of Arlington to adopt and enforce local regulations restricting the use of fossil fuels in certain construction	No further action taken	Similar To
H3755	Authorizing Justin Brown to take the civil service examination for the position of firefighter in the town of Arlington	Signed by the Governor, Chapter 51 of the Acts of 2021	Similar To
H4201	Authorizing the town of Nantucket to impose a real estate transfer fee for affordable and workforce housing	No further action taken	Similar To
H4567	Authorizing the town of Brookline to impose a real estate transfer fee	No further action taken	Similar To

Bill > H4295

MA H4295

summary

Introduced Session

Bill Summary

AI Summary

Committee Categories

Sponsors (3)

Last Action

Official Document

bill text

bill summary

bill summary

bill summary