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Last Action: 1/9/2026 House - Withdrawn prior to introduction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Last Action: 1/9/2026 House - Withdrawn prior to introduction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
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Bill History
Date Chamber Action 1/8/2026 House • Filed
1/9/2026 House • Withdrawn prior to introduction
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HB 1257, Original Filed Version (Current Bill Version) Posted 1/8/2026 at 11:55 AM
Bill Text: PDF Analyses: None Related Bills (1)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills H 1259 Trust Funds/Creation/First-time Homebuyer Assistance Program Trust Fund Nixon Linked Last Action: 1/9/2026 H Withdrawn prior to introduction 
Citations - Statutes (1)
Citation Catchline Location in Bill Location In Bill Help 201.0202 Page 1 (pdf)