Taxation of Firsttime Buyers (SB 752)
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Florida
2026
SB 752 ends state taxes on home purchase paperwork for first-time, moderate-income buyers when they buy a primary home. A first-time buyer is someone who has not owned a home in the past three years. This lowers closing costs, making it easier to afford a first house and build stability. It could increase home sales and help younger families, but would reduce state revenue. Takes effect July 1, 2026.
Vote Yes on this bill if you want to cut state documentary stamp taxes for first-time, moderate-income homebuyers to lower closing costs and encourage homeownership.
Organizations that support this bill may include real estate and mortgage industry groups, homebuilder associations, and housing nonprofits that promote first-time homeownership for moderate-income families.
Supported By
Vote No on this bill if you want to maintain current tax revenue, avoid targeted tax breaks, and prioritize funding for statewide programs over buyer-specific incentives.
Organizations that oppose this bill may include budget watchdogs, public finance advocates, and social service groups concerned about reduced state revenue for housing and other programs.
