Facts about the "Homeowners-Listen Up" E-mail
An email (subject: "Homeowners—Listen Up")
is being re-circulated claiming that H.R. 2454:
the American Clean Energy & Security Act would
require an energy license/retrofits for home sale.
The email is NOT accurate. H.R. 2454 remains
pending in the Senate. Senators Kerry (D-MA),
Graham (R-SC) and Lieberman (I-CT) continue to
pursue bipartisan support for an alternative to
the House bill to move the legislation forward for
consideration by the Senate. NAR continues to
monitor the Senate efforts and will work to ensure
residential and commercial real estate is not
adversely impacted.
Additionally, during consideration of H.R. 2454,
NAR was instrumental in eliminating time-of-sale
energy efficiency requirements from the bill. The
House approved H.R.2454 with the following two
provisions. We will work to ensure that these
provisions are retained in the Senate version of
the legislation:
• Section 202 (Building Retrofit Program) would
offer matching grants for home improvements. State
governments would administer the program which is
voluntary and available to all property owners.
• Section 204 (Building Energy Performance
Labeling Program) would apply to new construction
only and prohibit time-of-sale labeling. The
original energy audit and MLS listing provisions
were deleted.
Thanks to REALTORS®, NAR succeeded in excluding
existing real estate from the bill requirements.
Last summer after the House approved its version
of the legislation and this email originally
surfaced, NAR developed a full packet of
information complete with legislative analysis.
For more information,
click here.
To read the NAR Myth Busters flyer,
click here.
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