H1537 • 2025

An Act relative to the sale of chapter 40B properties purchased prior to the year 2010

Housing

Active

The official status still shows this bill as active or still awaiting another formal step.

Sponsor: Bradley H. Jones, Jr. (By Request)
Last action: 2026-04-13
Official status: Accompanied a study order, see H5352 (under House Rule 27)
Effective date: Not listed

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

An Act relative to the sale of chapter 40B properties purchased prior to the year 2010

An Act relative to the sale of chapter 40B properties purchased prior to the year 2010 By Representative Jones of North Reading (by request), a petition (accompanied by bill, House, No.

What This Bill Does

An Act relative to the sale of chapter 40B properties purchased prior to the year 2010 By Representative Jones of North Reading (by request), a petition (accompanied by bill, House, No.
1537) of Steve Bugli for legislation to further regulate the sale of certain Chapter 40B properties purchased before the year 2010.
Housing.

Limits and Unknowns

This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Bill History

2026-04-13 House
Accompanied a study order, see H5352 (under House Rule 27)
2025-09-17 Joint
Hearing rescheduled to 09/17/2025 from 09:00 AM-11:30 AM in B-1 Hearing updated to New End Time
2025-09-16 Joint
Hearing rescheduled to 09/17/2025 from 09:00 AM-01:00 PM in B-1 Hearing location changed
2025-09-04 Joint
Hearing scheduled for 09/17/2025 from 09:00 AM-01:00 PM in A-2
2025-02-27 House
Referred to the committee on Housing
2025-02-27 Senate
Senate concurred
House
Reported by committee to Clerk’s Office for processing, will accompany a study order

Official Summary Text

An Act relative to the sale of chapter 40B properties purchased prior to the year 2010
By Representative Jones of North Reading (by request), a petition (accompanied by bill, House, No. 1537) of Steve Bugli for legislation to further regulate the sale of certain Chapter 40B properties purchased before the year 2010. Housing.

Current Bill Text

Read the full stored bill text

Bill H.1537

Chapter 40B of the General Laws, as appearing in the 2022 Official Edition, is hereby amended by adding the following new section at the end thereof:-

Section 31. (a) For the purposes of this section, "Homeowners Association (HOA)" shall mean an organization in a condominium or other planned housing community that establishes and enforces rules regarding the appearance and maintenance of properties and maintains common areas with funds collected from membership fees.

(b) Notwithstanding the provisions of this chapter, residents who purchased their properties pursuant to this chapter prior to 2010 shall have the right to sell their properties at fair market value without the furtherance of the 40B status.

(c) The sale, transfer, or disposition of Chapter 40B properties shall be subject to all applicable laws and regulations governing property transactions as specified in Chapters 40B, 40T, 62, 183A and 254.

(d) Upon the sale of a pre-2010 40B property by its resident at fair market value:

(1) The 40B status of the property shall be removed.

(2) The property shall be classified as any other non-unique property on the market, with no reference to its former 40B status.

(3) Each town and city where the pre-2010 Chapter 40B property is sold shall be responsible to ensure that the soonest residential development project includes a proportional number of Chapter 40B affordable housing units to compensate for the reduction in such units due to the sale of the aforementioned property.

(e) Former residents who received reduced HOA fees due to their 40B status must pay the difference between the reduced rate and the regular rate. The HOA fee differential shall be paid in gross following the sale of the property to the HOA.

(f) The Executive Office of Housing and Livable Communities shall be responsible for implementing the provisions of this Act.

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