H 4703·MA·house
An Act authorizing the town of Truro to impose a 0.5% real estate transfer fee
Reported by CommitteeFiled Nov 3, 2025
Latest Action
Bill reported favorably by committee and referred to the committee on House Steering, Policy and Scheduling
Jul 6, 2026
Summary
The bill authorizes the town of Truro to charge a fee equal to half a percent of the sale price whenever property changes hands. The fee would be collected on real‑estate transactions within the town, creating a new source of local revenue. It affects anyone buying or selling property in Truro.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
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