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S1971 • 2025

An Act creating a graduated deed excise tax for affordable housing

An Act creating a graduated deed excise tax for affordable housing

Housing Taxes
Active

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

Sponsor
Lydia Edwards
Last action
2026-07-13
Official status
Referred to Joint Committee on Revenue
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 creating a graduated deed excise tax for affordable housing

An Act creating a graduated deed excise tax for affordable housing By Ms.

What This Bill Does

  • An Act creating a graduated deed excise tax for affordable housing By Ms.
  • Edwards, a petition (accompanied by bill, Senate, No.
  • 1971) of Lydia Edwards for legislation to create a graduated deed excise tax for affordable housing.
  • 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. 2026-07-13 Senate

    Reporting date extended to Monday July 20, 2026

  2. 2026-04-01 Senate

    Reporting date extended to Thursday June 25, 2026

  3. 2025-09-04 Joint

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

  4. 2025-02-27 Senate

    Referred to the committee on Revenue

  5. 2025-02-27 House

    House concurred

Official Summary Text

An Act creating a graduated deed excise tax for affordable housing
By Ms. Edwards, a petition (accompanied by bill, Senate, No. 1971) of Lydia Edwards for legislation to create a graduated deed excise tax for affordable housing. Revenue.
Status:
Referred to Joint Committee on Revenue

Current Bill Text

Read the full stored bill text 
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Bill S.1971

SECTION 1. Section 1 of chapter 64D of the General Laws, as appearing in the 2022 Official Edition, is hereby amended by adding the following after the words “after two dollars” as it appears the second time and before the word “provided”:-

“hereafter referred to as the existing rate”.

And in said section, after the words “two dollars” and

before the word “Notwithstanding” the following words:-

however, for sales exceeding $250,000 but less than $500,000, 1.1 multiplied by the existing rate; for sales exceeding $500,000 but less than $1,000,000, 1.6 multiplied by the existing rate, for sales exceeding $1,000,000 but less than $2,000,000 1.8 multiplied by the existing rate; for sales exceeding $2,000,000 the existing rate multiplied by 2.

SECTION 2. Said section 1 of chapter 64D is hereby further amended by inserting after the words "or the United States or any of their agencies are a party." the following words:-

"The Executive Office of Housing and Livable Communities shall equally divide such tax revenue

to initiatives to address the housing crisis and to fund the Affordable Housing Act initiatives as established in chapter 150 of the Acts of 2024."

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