HB 1257: Tax/Documentary Stamp Tax to Fund Down Payment Assistance
GENERAL BILL by Nixon
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: 7/1/2026
Last Action: 1/9/2026 House - Withdrawn prior to introduction
Bill Text: PDF
Last Action: 1/9/2026 House - Withdrawn prior to introduction
Bill Text: PDF
Bill History
| Date | Chamber | Action |
|---|---|---|
| 1/8/2026 | House |
• Filed |
| 1/9/2026 | House |
• Withdrawn prior to introduction |