ARE YOU ONE OF THE FEW WHO MISTAKINGLY PROVIDE MIS-INFORMATION? The bill in question is referred to as the Waxman(D-CA) Markey (D-MA) Bill. The actual name is the American Clean Energy and Security Act and this bill did recently pass the House of Representatives.
The inaccuracy is that the version of the Bill that passed the House exempted resale homes and buildings from impact due to the Bills Energy Labeling, although did not exempt 'new homes'.
The original bill required new and existing homes and buildings to undergo an energy evaluation inspection at the time of transfer (sale). It also provided provision for a private right of action so that citizens could sue over minor climate risks undr the Clean Air Act. It was feared that the expense and labeling of properties under this Bill could stigmatize a property and significantly impact future sales and risk.
The National Association of REALTORS summary of climate issues, which summarizes NAR policy, may be accessed on realtor.org
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