First-time homebuyer; creates a tax credit for taxable years 2024 through 2028.

First-time homebuyer tax credit. Createsa tax credit for taxable years 2024 through 2028 for individualsor married couples filing jointly who sell residential real propertythat is the taxpayer's primary residence and is located in the Commonwealthto a first-time homebuyer, as defined by the bill. Such credit willbe equal to two percent of the sales price of the property, not toexceed $5,000.