increasing the annual real estate transfer tax revenue contribution and making an appropriation to the affordable housing fund.

SB 81 would increase the real estate transfer tax paid when buying or selling property, directing the additional revenue to the state's affordable housing fund. This bill directly affects homebuyers and sellers by raising their transaction costs, while the new funding would support affordable housing programs. The key mechanism is a tax rate adjustment that automatically allocates the extra revenue to the housing fund without requiring new legislation for each appropriation. It aims to expand resources for developing or preserving low- and moderate-income housing units.