An Act authorizing the town of Provincetown to impose a 0.5% real estate transfer fee
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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 Provincetown, Massachusetts, to collect a 0.5% real estate transfer fee on the sale of property within the town. The revenue generated from this fee will be used for town purposes. This authorization was approved by the town of Provincetown. The bill was referred to the Joint Committee on Revenue and subsequently concurred in by the Senate.
Key provisions
- Authorizes Provincetown to impose a 0.5% real estate transfer fee.
- The fee applies to the transfer of property within the town.
- Revenue from the fee will be used for town purposes.
- Local approval from the town of Provincetown was obtained.
Who is affected
- Property owners in Provincetown, Massachusetts
- Real estate buyers in Provincetown, Massachusetts
- The town of Provincetown
Bill text
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Sponsors
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3 on record
Primary sponsor
Cosponsors
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