An Act reducing CPA recording fees for affordable housing
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Overview
This bill aims to lower recording fees that certified public accountants (CPAs) pay when recording documents related to affordable housing projects. Specifically, it reduces these fees, which are governed by the community preservation law. The goal is to make it more affordable for CPAs to work on affordable housing developments. This legislation is similar to previous proposals regarding CPA recording fees for affordable housing.
Key provisions
- Reduces recording fees paid by CPAs.
- The reduction applies to documents related to affordable housing.
- Fees are governed by the community preservation law.
- The bill was referred to the House Committee on Revenue.
Who is affected
- Certified Public Accountants (CPAs)
- Developers of affordable housing
- Registers of Deeds and Assistant Recorders
- The affordable housing sector
Notable changes
- This bill builds upon previous attempts to reduce recording fees for affordable housing.
- It specifically targets fees paid by CPAs related to affordable housing projects.
Bill text
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Sponsors
Official sponsors from legislative records.
2 on record
Primary sponsor
Cosponsor
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