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H3216 • 2025

An Act supporting home sales to first-time home buyers

An Act supporting home sales to first-time home buyers

Taxes
Active

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

Sponsor
Orlando Ramos
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 supporting home sales to first-time home buyers

An Act supporting home sales to first-time home buyers By Representative Ramos of Springfield, a petition (accompanied by bill, House, No.

What This Bill Does

  • An Act supporting home sales to first-time home buyers By Representative Ramos of Springfield, a petition (accompanied by bill, House, No.
  • 3216) of Orlando Ramos relative to tax credits for home sales to first-time home buyers.
  • 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 supporting home sales to first-time home buyers
By Representative Ramos of Springfield, a petition (accompanied by bill, House, No. 3216) of Orlando Ramos relative to tax credits for home sales to first-time home buyers. Revenue.

Current Bill Text

Read the full stored bill text
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Bill H.3216

Section 6 of chapter 62 of the General Laws is hereby amended by adding the following subsection:-

(jj) A taxpayer shall be allowed a credit against the taxes imposed by this chapter in an amount equal to 50 per cent of the capital gain income from the sale of a residential property to a first-time home buyer for use as their primary residence; provided, that the sale price of the property is less than $750,000; provided further, that the residential property contains 4 or fewer residential dwelling units; and provided further, that such credit shall not exceed $7,500 for a single person, married person filing a separate return, head of household or married persons filing jointly.

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