MA H4567

Bill

MA H4567

Authorizing the town of Brookline to impose a real estate transfer fee

Introduced
05/27/2021

In Committee
04/25/2022

Crossed Over

Passed

Dead
12/31/2022

Introduced Session

192nd General Court

Bill Summary

Relative to authorizing the town of Brookline to impose a real estate transfer fee. Revenue.

AI Summary

This bill authorizes the town of Brookline to impose a real estate transfer fee of up to 2% of the purchase price, with the fee being paid by both the purchaser and seller. The bill provides several exemptions, such as transfers to the government, affordable housing organizations, and for certain property types. The funds raised from the fee will be used for affordable housing projects, including renovation and rehabilitation of Brookline Housing Authority properties. The town can also adopt additional requirements, exemptions, and regulations to implement and enforce the fee. The bill also includes provisions for prioritizing sustainable, mixed-income, and mixed-use development projects, as well as the preservation and expansion of affordable housing for low-income renter households.

Committee Categories

Budget and Finance

Sponsors (3)

Cynthia Creem (D)*, Tommy Vitolo (D)*, Nika Elugardo (D),

Last Action

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

Official Document

https://malegislature.gov/Bills/192/H4567

(6 Companion Bills)

Version:

Document Type	Source Location
State Bill Page	https://malegislature.gov/Bills/192/H4567
Bill	https://malegislature.gov/Bills/192/H4567.pdf

Bill	Bill Name	Last Action	Type
H4083	Relative to bidding requirements for a certain affordable housing project in the town of Brookline	Signed by the Governor, Chapter 4 of the Acts of 2022	Similar To
H4450	Authorizing the town of Brookline to hold hybrid town meetings	No further action taken	Similar To
S2473	Authorizing the town of Brookline to adopt and enforce local regulations restricting new fossil fuel infrastructure in certain construction	Ought NOT to pass (under Joint Rule 10) and placed in the Orders of the Day for the next session	Similar To
S2529	Authorizing the expenditure of $500,000 from town of Brookline Marijuana Mitigation Stabilization Fund for purpose of advancing racial equity in the town of Brookline	No further action taken	Similar To
S2530	Authorizing citizens in the town of Brookline who have reached the age of sixteen years or older to register and vote in municipal election with the town	Accompanied a study order, see S2713	Similar To
S868	Empowering cities and towns to impose a fee on certain real estate transactions to support affordable housing	Accompanied a study order, see H5351	Similar To

Bill > H4567

summary

Introduced Session

Bill Summary

AI Summary

Committee Categories

Sponsors (3)

Last Action

Official Document

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