H3931
An Act establishing a real estate transfer fee upon the transfer of residential property in the Town of Falmouth for the purpose of funding affordable housing
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Sign in to take action- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill would allow the town of Falmouth to collect a real estate transfer fee each time residential property is sold. The revenue generated from this fee would be specifically dedicated to funding affordable housing projects within the town. The bill was petitioned by Falmouth residents and subsequently referred to the Joint Committee on Revenue for consideration. This is part of a series of similar bills addressing transfer fees in various Massachusetts towns.
Key provisions
- Establishes a real estate transfer fee on residential property sales in Falmouth.
- Specifies that the revenue collected will be used for affordable housing.
- Requires local approval from the town of Falmouth to implement the fee.
- The bill was referred to the Joint Committee on Revenue for review.
Who is affected
- Residents of Falmouth
- Property sellers in Falmouth
- Developers of affordable housing in Falmouth
- The Town of Falmouth
Notable changes
- Introduces a new revenue stream for affordable housing funding.
- Creates a local mechanism for directing funds to affordable housing initiatives.
Sponsors
Official sponsors from legislative records.
Primary sponsor
Thomas W. Moakley
Cosponsors
David T. Vieira
Thomas W. Moakley
Arguments in favor
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Bill H.3931 194th (Current)
An Act establishing a real estate transfer fee upon the transfer of residential property in the Town of Falmouth for the purpose of funding affordable housing
By Representatives Moakley of Falmouth and Vieira of Falmouth, a petition (accompanied by bill, House, No. 3931) of Thomas W. Moakley and David T. Vieira (by vote of the town) that the town of Falmouth be authorized to establish a real estate transfer fee upon the transfer of residential property in said town for the purpose of funding affordable housing. Revenue. [Local Approval Received.]
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Bill Information
Bill Information
Presenters: Thomas W. Moakley , David T. Vieira Status: Referred to Joint Committee on Revenue City/Town: Falmouth (Local Approval Received)
Tabs
Bill History Petitioners
Bill History
Displaying 3 actions for Bill H.3931
| Date | Branch | Action |
| 3/20/2025 | House | Referred to the committee on Revenue |
| 2/9/2026 | Senate | Senate concurred |
| 4/24/2026 | Joint | Hearing scheduled for 05/04/2026 from 09:00 AM-05:00 PM in Written Testimony Only |
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