An Act relative to a capital gains tax credit for first time homebuyers
Generates a plain-language summary of the bill text and history.
| Date | Branch | Action |
|---|---|---|
| 4/2/2026 | House | Accompanied a study order, see H5318↗ |
| 2/25/2026 | House | Reporting date extended to Wednesday, March 18, 2026 |
| 12/18/2025 | House | Reporting date extended to Friday, February 20, 2026 |
| 9/4/2025 | Joint | Hearing scheduled for 09/15/2025 from 01:00 PM-05:00 PM in A-2 |
| 2/27/2025 | Senate | Senate concurred |
| 2/27/2025 | House | Referred to the committee on Revenue |
No additional cosponsors.
| Committee | Recommendation | Vote |
|---|---|---|
| J26 | Accompanied | — |
As used in this section, the following words shall, unless the context clearly requires otherwise, have the following meanings: “First-time homebuyer,” a Massachusetts resident who has not owned a home at any point in the last three years.
Notwithstanding any general or special law to the contrary there shall be a refundable credit associated with first time homebuyers transferring capital investments into the down payment on a primary residency. The amount of the credit shall be valued at the cost of any capital gains tax owed or the value of the homebuyer’s down payment, whichever is lower.
The liquidation of capital funds must occur within the 60 days prior to the transfer of the property.
Section 1. As used in this section, the following words shall, unless the context clearly requires otherwise, have the following meanings: “First-time homebuyer,” a Massachusetts resident who has not owned a home at any point in the last three years. Section 2. Notwithstanding any general or special law to the contrary there shall be a refundable credit associated with first time homebuyers transferring capital investments into the down payment on a primary residency. The amount of the credit shall be valued at the cost of any capital gains tax owed or the value of the homebuyer’s down payment, whichever is lower. Section 3. The liquidation of capital funds must occur within the 60 days prior to the transfer of the property.