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Bill > S1926


MA S1926

MA S1926
Relative to deeds excise receipts


summary

Introduced
02/16/2023
In Committee
02/16/2023
Crossed Over
Passed
Dead
12/31/2024

Introduced Session

193rd General Court

Bill Summary

For legislation relative to deeds excise receipts. Revenue.

AI Summary

This bill amends Chapter 64D of the Massachusetts General Laws to allow certain counties to retain a portion of the deeds excise receipts they receive. Specifically, the counties of Bristol, Dukes, Nantucket, Norfolk, and Plymouth will be able to retain 20% of their deeds excise receipts received on or after July 1, 2023, in addition to any amounts retained under other statutes or regulations. The county of Barnstable will be able to retain 7.5% of its deeds excise receipts received on or after July 1, 2023, in addition to any other amounts retained. The funds retained by the counties must be deposited into their general funds and can be used to cover the costs of county operations and maintenance, or retained for future use.

Committee Categories

Budget and Finance

Sponsors (7)

Last Action

Accompanied a study order, see H4721 (on 06/13/2024)

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/193/S1926
BillText https://malegislature.gov/Bills/193/S1926.pdf
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