Tax/Documentary Stamp Tax to Fund Down Payment Assistance

Summary

The bill would levy an extra $50,000 documentary stamp tax on any residential property purchase made by a buyer who already owns at least 15 homes in Florida. The collected money would be sent to the Department of Revenue and used for down‑payment assistance grants for first‑time homebuyers. The measure was withdrawn before it was formally introduced.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

Topics

Share