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Bill > H2595


MA H2595

Relative to the Massachusetts clean water trust


summary

Introduced
01/23/2017
In Committee
01/23/2017
Crossed Over
Passed
Dead
12/31/2018

Introduced Session

190th General Court

Bill Summary

For legislation to establish a water infrastructure transaction surcharge on real estate sales. Revenue.

AI Summary

This bill establishes a water infrastructure transaction surcharge of 10 cents per thousand dollars on all real estate sales in Massachusetts. The revenue collected from this surcharge will be administered by the Massachusetts Clean Water Trust, which was established under Chapter 29C of the General Laws. The bill amends existing laws to create this new surcharge and requires registrars of deeds to forward the collected funds to the Clean Water Trust.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Accompanied a study order, see H4244 (on 02/22/2018)

bill text


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