Bill Title: Allows a municipality to set its own conveyance tax rate for residential properties sold in excess of $800,000.00 at $10 per $500. Provides collected taxes to be in a restricted account and distributed within 2 years for affordable housing.

Spectrum: Partisan Bill (Democrat 8-0)

Status: (Introduced - Dead) 2024-04-30 - Committee recommended measure be held for further study [S2361 Detail]

Text: Latest bill text (Introduced) [PDF]

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