Bill Summary

HB 1257 Tax/Documentary Stamp Tax to Fund Down Payment Assistance (2026 Session)
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Sponsors
by Nixon
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Summary
Tax/Documentary Stamp Tax to Fund Down Payment Assistance: 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. Effective Date: July 1, 2026
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committees of reference
Committee references not assigned.
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Actions
01/08/26
HOUSE 
Filed
01/09/26
HOUSE 
Withdrawn prior to introduction
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bill text & filed amendments
1257
Filed on 01/08/26
PDF
No amendments to this bill text filed.
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Statute Citations
201.0202
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