MA H2794

Bill

MA H2794

Authorizing the town of Nantucket to impose a real estate transfer fee for affordable and workforce housing

Introduced
03/20/2017

In Committee
07/31/2017

Crossed Over

Passed

Dead
12/31/2018

Introduced Session

190th General Court

Bill Summary

That the town of Nantucket be authorized to impose real estate transfer fees for certain housing. Revenue. [Local Approval Received.]

AI Summary

This bill authorizes the town of Nantucket to impose a 0.5% real estate transfer fee on the purchase price of properties in Nantucket County. The fee revenue will be deposited into the town's Affordable Housing Trust Fund to be used for affordable and workforce housing purposes. The bill includes various exemptions from the fee, such as for transfers to government entities, certain types of family transfers, and the first $2 million of a property's sale price. The bill also outlines the process for collecting and enforcing the fee, including provisions for penalties and interest on late payments. The fee is intended to have a 10-year duration, with the possibility of renewal or modification through town meeting votes.

Committee Categories

Budget and Finance

Sponsors (2)

Dylan Fernandes (D)*, Julian Cyr (D),

Last Action

Read second and ordered to a third reading (on 08/03/2017)

Official Document

https://malegislature.gov/Bills/190/H2794

(17 Companion Bills)

Version:

Document Type	Source Location
State Bill Page	https://malegislature.gov/Bills/190/H2794
Bill	https://malegislature.gov/Bills/190/H2794.pdf

Bill	Bill Name	Last Action	Type
H3653	Financing the production and preservation of housing for low and moderate income residents	Accompanied a new draft, see H3925	Similar To
H3693	Relative to property tax exemptions for rental properties in the town of Lincoln deed restricted as affordable housing	Accompanied a new draft, see H4004	Similar To
H3701	Amending the act authorizing affordable housing convenants in the town of Nantucket	Accompanied a study order, see H4754	Similar To
H4075	To promote housing choices	Accompanied a new draft, see H4290	Similar To
H4981	Relative to local housing authority board member elections	No further action taken	Similar To
H652	To promote local and regional affordable housing planning	Accompanied a study order, see H4791	Similar To
H662	Authorizing certain cities and towns to use the Community Preservation Fund for market rate housing	Accompanied a study order, see H4740	Similar To
H703	Relative to housing types considered affordable under Chapter 40B	Accompanied a study order, see H4791	Similar To
H704	To amend Section 21, Chapter 40B of the General Laws relative to Regional Planning	Accompanied a study order, see H4791	Similar To
H978	Relative to the geographical jurisdiction of the Housing Court Department	Accompanied a study order, see H4874	Similar To
S1385	Relative to local public housing authorities access to the dental and vision insurance plan managed by the group insurance commission	Bill reported favorably by committee and referred to the committee on Senate Ways and Means	Similar To
S2130	Updating chapter 40R	Bill reported favorably by committee and referred to the committee on Senate Ways and Means	Similar To
S2131	Relative to housing production	Bill reported favorably by committee and referred to the committee on Senate Ways and Means	Similar To
S2344	Relative to manufactured housing communities	Reprinted as amended, see S2373	Similar To
S2373	Relative to manufactured housing communities	No further action taken	Similar To
S752	Providing for a moratorium on the issuance of comprehensive permits and establishing a special commission to investigate the use and effectiveness of the comprehensive permit law	Accompanied a study order, see S2404	Similar To
S94	Improving housing opportunities and the Massachusetts economy	Accompanied a study order, see S2361	Similar To

Bill

Bill Name

Last Action

Type

H3653

Financing the production and preservation of housing for low and moderate income residents

Accompanied a new draft, see H3925

Similar To

H3693

Relative to property tax exemptions for rental properties in the town of Lincoln deed restricted as affordable housing

Accompanied a new draft, see H4004

Similar To

H3701

Amending the act authorizing affordable housing convenants in the town of Nantucket

Accompanied a study order, see H4754

Similar To

H4075

To promote housing choices

Accompanied a new draft, see H4290

Similar To

H4981

Relative to local housing authority board member elections

No further action taken

Similar To

H652

To promote local and regional affordable housing planning

Accompanied a study order, see H4791

Similar To

H662

Authorizing certain cities and towns to use the Community Preservation Fund for market rate housing

Accompanied a study order, see H4740

Similar To

H703

Relative to housing types considered affordable under Chapter 40B

Accompanied a study order, see H4791

Similar To

H704

To amend Section 21, Chapter 40B of the General Laws relative to Regional Planning

Accompanied a study order, see H4791

Similar To

H978

Relative to the geographical jurisdiction of the Housing Court Department

Accompanied a study order, see H4874

Similar To

S1385

Relative to local public housing authorities access to the dental and vision insurance plan managed by the group insurance commission

Bill reported favorably by committee and referred to the committee on Senate Ways and Means

Similar To

S2130

Updating chapter 40R

Bill reported favorably by committee and referred to the committee on Senate Ways and Means

Similar To

S2131

Relative to housing production

Bill reported favorably by committee and referred to the committee on Senate Ways and Means

Similar To

S2344

Relative to manufactured housing communities

Reprinted as amended, see S2373

Similar To

S2373

Relative to manufactured housing communities

No further action taken

Similar To

S752

Providing for a moratorium on the issuance of comprehensive permits and establishing a special commission to investigate the use and effectiveness of the comprehensive permit law

Accompanied a study order, see S2404

Similar To

S94

Improving housing opportunities and the Massachusetts economy

Accompanied a study order, see S2361

Similar To

Bill > H2794

summary

Introduced Session

Bill Summary

AI Summary

Committee Categories

Sponsors (2)

Last Action

Official Document

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