An Act establishing a real estate transfer fee upon the transfer of property in the city known as the town of Amherst
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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 authorizes the town of Amherst, Massachusetts, to establish a real estate transfer fee on property sales. The fee is intended to generate revenue for the town. This legislation follows a previous petition and local approval for this measure.
Key provisions
- Authorizes Amherst to impose a real estate transfer fee.
- The fee applies to the transfer of property within the town.
- Revenue generated from the fee will be used by the town.
- The bill was based on a prior petition and local approval.
- The bill was referred to the Joint Committee on Revenue.
Who is affected
- Property owners in Amherst, MA
- Real estate agents and brokers in Amherst, MA
- The town of Amherst
- Potential buyers and sellers of property in Amherst, MA
Notable changes
- Establishes a new revenue stream for the town of Amherst.
- This is part of a series of similar bills in other Massachusetts towns.
Bill text
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Sponsors
Official sponsors from legislative records.
3 on record
Primary sponsor
Cosponsors
Joanne M. Comerford
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