Massachusetts H3931: An Act establishing a real estate transfer fee upon the transfer of residential property in the Town of Falmouth for the purpose of funding affordable housing

What the bill says

From the introduced text, March 20, 2025:

SECTION 1. For purposes of this act, the words and phrases set forth in this section shall have the following meanings: “Falmouth Affordable Housing Fund” shall refer to the fund or account established by Chapter 29 of the Acts of 2011. “Purchaser” shall refer to the transferee, grantee, or recipient of any real property interest. “Purchase price” all consideration paid or transferred by or on behalf of a purchaser to a seller or their nominee, or for their benefit, for the transfer of any real property interest, and shall include, but not be limited to, all cash or its equivalent so paid or transferred; all cash or other property paid or transferred by or on behalf of the purchaser to discharge or reduce any obligation of the seller; the principal amount of all notes or their equivalent, or other deferred payments, given or promised to be given by or on behalf of the purchaser to the seller or his/her nominee; the outstanding balance of all obligations of the seller which are assumed by the purchaser or to which the real property interest transferred remains subject after the transfer, determined at the time of transfer, but excluding real estate and other municipal liens or assessments which are not overdue at the time of transfer. “Real property interest” shall refer to any …

Read the full official text

Sponsors

• Thomas Moakley (D) · primary sponsor
• David Vieira (R, 3rd Barnstable)

Latest actions

1. July 6, 2026: Bill reported favorably by committee and referred to the committee on House Steering, Policy and Scheduling
2. April 24, 2026: Hearing scheduled for 05/04/2026 from 09:00 AM-05:00 PM in Written Testimony Only
3. February 9, 2026: Senate concurred
4. March 20, 2025: Referred to the committee on Revenue

Votes

• Committee Vote - Joint Committee on Revenue (June 25, 2026): 9 yea, 0 nay, passed

Common questions

What is H3931?

H3931 is a bill in the Massachusetts Legislature (194th General Court): An Act establishing a real estate transfer fee upon the transfer of residential property in the Town of Falmouth for the purpose of funding affordable housing.

What is the status of H3931?

In committee as of July 6, 2026. Latest action: Bill reported favorably by committee and referred to the committee on House Steering, Policy and Scheduling (July 6, 2026).

Who sponsored H3931?

Thomas Moakley (D), with 1 co-sponsor.

Where is the official record for H3931?

On the Massachusetts Legislature website: https://malegislature.gov/Bills/194/H3931