An Act relative to deeds excise receipts
This bill changes how certain Massachusetts counties retain property transfer tax revenue (deeds excise receipts). Starting July 1, 2025, Bristol, Dukes, Nantucket, Norfolk, and Plymouth counties will keep an additional 20% of these receipts, while Barnstable County will keep an additional 7.5%. The funds must go into each county’s general fund and can be used for county operations, maintenance, or saved for future needs. The bill applies only to receipts collected after the specified date and modifies existing retention rules for these specific counties.
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