On Friday, June 26 the House passed HR 2454, the American Clean Energy and Security Act. Thanks to NAR's efforts an energy efficiency labeling program will be limited to new construction only. The legislation also includes incentives for homeowners to make their properties more energy efficient. 

Media coverage of this legislation has raised questions about how it will impact real estate transactions.  NAR staff has prepared a one-page analysis of the bill which you can read by clicking here. You can also read a "Myths vs. Facts" document by clicking here.

While the House has passed HR 2454 it's unlikely the Senate will take any action on the bill until after their August recess.

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Pam Winterbauer ~ 2006 REALTOR® of the Year

San Ramon, CA

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Address: DRE #00680718

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