MA H4574

Authorizes Arlington to impose a real estate transfer fee of 0.05% to 2% on property sales exceeding a threshold between 50% and 150% of the state median single-family home price, with exact rates and thresholds set by town meeting

Applies to direct property transfers and transfers of controlling interests in trusts, LLCs, or other entities holding Arlington real property

Exempts transfers to family members as gifts under $100, government entities, affordable housing properties, foreclosures, divorce settlements, and transactions below the threshold price

All revenue must be deposited into Arlington's Municipal Affordable Housing Trust Fund and used exclusively for affordable housing programs and related administrative costs

Requires two-step local acceptance: approval at town meeting followed by majority vote at a regular or special election, with the fee taking effect 30 days after acceptance