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H1257Introduced in the House

Tax/Documentary Stamp Tax to Fund Down Payment Assistance

Introduced

Introduced by Angela Nixon, District 13

What does this bill do?

Plain-English breakdown

Writing a plain-English summary of this bill… this can take a few seconds the first time.

Official description

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.

Where it stands

Withdrawn prior to introduction

January 9, 2026

How did lawmakers vote?

No recorded vote is available for this bill yet.

Bill history

  1. Filed

  2. Withdrawn prior to introduction

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