Environmental & Healthcare Legislative Watch50 States · D.C. · U.S. Congress
From official state and federal legislative records. Informational only, not legal advice.
Died
This idea didn't make it. It stopped moving and won't become a law this time.
In plain words
AI summaryWritten by AI from the bill text. Check the official text before relying on it.
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.
