Massachusetts S1971 proposes a graduated deed excise tax for affordable housing.
Massachusetts S1971 introduces a graduated deed excise tax on property sales to fund affordable housing initiatives. The tax rates increase with the sale price, ranging from 1.1 to 2 times the existing rate. Revenue generated will support housing crisis initiatives and Affordable Housing Act programs.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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