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HB 1257 Florida House · 2026 Regular Session

Tax/Documentary Stamp Tax to Fund Down Payment Assistance

Summary
Tax/Documentary Stamp Tax to Fund Down Payment Assistance; Creates additional documentary stamp tax in specified amount on residential property purchased by person who already owns certain number of residential properties; creates First-time Homebuyer Assistance Program within Department of Commerce; provides purpose & eligibility for such program; provides maximum amount of assistance that may be provided; provides that funding comes from specified tax revenue.
Issues: ✓ Budget & TaxesSupports Budget & TaxesCreates documentary stamp tax on multi-property owners to fund first-time homebuyer assistance program, directly allocating tax revenue to a public housing initiative.95% confidence ✓ HousingSupports HousingCreates tax on multi-property owners to fund first-time homebuyer down payment assistance, directly advancing affordable housing access through dedicated funding.95% confidence
Bill status died 1 of 4 stages cleared
Introduction
Jan 2026
Committee Review
Floor Vote
Governor
Introduced Jan 8, 2026 Last action Jan 9, 2026
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Full legislative history

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Total actions
2
Key actions
0
Committee
0
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Angie Nixon
Angie Nixon
DDemocratic
FL
13