KLS Keeping Law Simple Legislation in plain English

Straight-ahead summaries built from the official bill text. We keep the source links front and center and leave the decision up to you.

Back to Massachusetts

H3181 • 2025

An Act relative to a first-time homebuyer tax deduction

An Act relative to a first-time homebuyer tax deduction

Taxes
Active

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

Sponsor
Christopher M. Markey
Last action
2026-04-02
Official status
Accompanied a study order, see H5318
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 a first-time homebuyer tax deduction

An Act relative to a first-time homebuyer tax deduction By Representative Markey of Dartmouth, a petition (accompanied by bill, House, No.

What This Bill Does

  • An Act relative to a first-time homebuyer tax deduction By Representative Markey of Dartmouth, a petition (accompanied by bill, House, No.
  • 3181) of Christopher M.
  • Markey relative to a first-time homebuyer tax deduction.
  • Revenue.

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

  1. 2026-04-02 House

    Accompanied a study order, see H5318

  2. 2026-02-25 House

    Reporting date extended to Wednesday, March 18, 2026

  3. 2025-12-18 House

    Reporting date extended to Friday, February 20, 2026

  4. 2025-09-04 Joint

    Hearing scheduled for 09/15/2025 from 01:00 PM-05:00 PM in A-2

  5. 2025-02-27 House

    Referred to the committee on Revenue

  6. 2025-02-27 Senate

    Senate concurred

Official Summary Text

An Act relative to a first-time homebuyer tax deduction
By Representative Markey of Dartmouth, a petition (accompanied by bill, House, No. 3181) of Christopher M. Markey relative to a first-time homebuyer tax deduction. Revenue.

Current Bill Text

Read the full stored bill text 
×

Bill H.3181

Section 1. As used in this section, the following words shall, unless the context clearly requires otherwise, have the following meanings:

“Closing Cost,” any expenses associated with a mortgage beyond the down payment, including appraisal fees, mortgage generation fees, bank fees, mortgage generation fees, bank fees, recording fees, inspection fees, attorney fees and escrow fees.

“First-time homebuyer,” a Massachusetts resident who has not owned a home at any point in the last three years.

Section 2: Notwithstanding any general or special law to the contrary there shall be a deduction associated with first time homebuyers valued at the cost of any additional closing costs accrued through the homebuying process.

The information contained in this website is for general information purposes only. The General Court provides this information as a public service and while we endeavor to keep the data accurate and current to the best of our ability, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.

Close