Real Estate Portion of Energy Bill Succeeds

By Robert Freedman, Senior Editor, REALTOR® Magazine

As you would imagine with any federal bill dealing with energy issues, NAR members have taken considerable interest in climate change legislation that passed the House late last month. It’s called the American Clean Energy and Security Act, H.R. 2454.

Although NAR lobbied extensively on the bill, the association’s focus was entirely on a narrow group of provisions that directly impact real estate. The association never took a position on the overall legislation, which is almost 1,500 pages long and gets into issues that are far outside the scope of real estate.

What’s significant about the legislation, from NAR’s standpoint, is what it doesn’t do. Read more