AN ACT RELATING TO TAXATION -- REAL ESTATE CONVEYANCE TAX
Summary
Allows a municipality to set its own conveyance tax rate for residential properties sold in excess of $900,000.00 at $10 per $500. Provides collected taxes to be in a restricted account and distributed within 2 years for affordable housing.
Bill status
died
1 of 4 stages cleared
Introduction
Feb 2026
Committee Review
Floor Vote
Governor
Introduced Feb 27, 2026
Last action Apr 29, 2026
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
3
Key actions
0
Committee
1
Apr 29, 2026
Committee
04/29/2026 Committee recommended measure be held for further study
legislature
Feb 27, 2026
Introduced
02/27/2026 Introduced, referred to House Finance
lower
10 primary · 0 co-sponsors
Sponsors
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