1 of 1
HOUSE DOCKET, NO. 3292 FILED ON: 1/17/2025
HOUSE . . . . . . . . . . . . . . . No. 3180
The Commonwealth of Massachusetts
_________________
PRESENTED BY:
Christopher M. Markey
_________________
To the Honorable Senate and House of Representatives of the Commonwealth of Massachusetts in General
Court assembled:
The undersigned legislators and/or citizens respectfully petition for the adoption of the accompanying bill:
An Act relative to a first-time homebuyer tax credit.
_______________
PETITION OF:
NAME:DISTRICT/ADDRESS :DATE ADDED:Christopher M. Markey9th Bristol1/17/2025 1 of 1
HOUSE DOCKET, NO. 3292 FILED ON: 1/17/2025
HOUSE . . . . . . . . . . . . . . . No. 3180
By Representative Markey of Dartmouth, a petition (accompanied by bill, House, No. 3180) of
Christopher M. Markey relative to a first-time homebuyer tax credit. Revenue.
The Commonwealth of Massachusetts
_______________
In the One Hundred and Ninety-Fourth General Court
(2025-2026)
_______________
An Act relative to a first-time homebuyer tax credit.
Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority
of the same, as follows:
1 Section 1. As used in this section, the following words shall, unless the context clearly
2requires otherwise, have the following meanings:
3 “First-time homebuyer,” a Massachusetts resident who has not owned a home at any
4point in the last three years.
5 “Closing Cost,” any expenses associated with a mortgage beyond the down payment,
6including appraisal fees, mortgage generation fees, bank fees, recording fees, inspection fees,
7attorney fees and escrow fees.
8 Section 2: Notwithstanding any general or special law to the contrary there shall be a
9refundable credit associated with first time homebuyers valued at the cost of any additional
10closing costs accrued through the homebuying process.