Nationwide, Realtors are always keeping their fingers on the pulse of legislation that would have an impact on the real estate market and the overall effects that proposed policy will have on our clients.
Today’s hot topic is the Federal “Cap and Trade” bill. With strong local support, the National Association of Realtors have been able to address elements of the proposed bill. NAR focued on an amendment to cut the overall cost of the bill relating to the purchase and sale of Single Family Homes, Multi-Family investment properties and Commerical properties.
One area of success has been the removal of “several real estate-related provisions such as federal energy audit requirements from homeowners and various point-of-sale triggers” (Jan 2010 Wisconsin Real Estate Mag pg 24)
As stated in the Wisconsin Real Estate Magazine many controversial issues still remain.
With the help of our clients, communities and concerned citizens these issues can be addressed at the grass-roots level. Regardless of your opinion – Your opinion counts! Contact your local representatives and let them know your thoughts on:
- Exempting existing homes, multi-family homes and commercial buildings from any federal guidelines such as the existing federal Energy Star labeling program;
- Authorizations provided to state governments to pass a law to label homes according to their energy efficiency, but specifically prohibiting labeling during the sales transaction;
- prohibiting the Environmental Protection Agency from regulating carbon emissions for residential and commercial buildings under the Clean Air Act;
- Providing property owners with matching grants and diagnostic tools to make energy-saving property improvements; and
- Creates green building financial incentives for HUD housing, including loans, block grants and underwriting for energy improvements.
Click the link provided to find your local Wisconsin State Representatives information -
http://www.legis.state.wi.us/w3asp/contact/legislatorslist.aspx?house=assembly
Remember – Your voice deserves to be heard!