Under H.R. 2454 (Cap and Trade Bill), homeowners need upgrades and a license to sell a house

This is just disturbing.  It's not like there is any money for the additional $700 billion necessary for troops in Afghanistan, or money to treat the veterans returning from Iraq and Afghanistan with life altering injuries, or money for the socialized medicine (bye bye privacy) via private, for-profit insurers, or money the bailouts and stimulus programs, or money to find the bankrupt FDIC, or money fro the retiring Baby Boomers, but let no one doubt that government bureaucrats and politicians won't find new ways to tax us until we are facing taxes that exceed 100 percent of all income derived from anyone not part of the New World Order.

It's a long excerpt, but you should read the entire post by Frank Carrio at http://www.nachi.org/forum/f14/cap-and-trade-license-required-your-home-44750/

 

Beginning 1 year after enactment of the Cap and Trade Act, you won't be able to sell your home unless you retrofit it to comply with the energy and water efficiency standards of this Act. H.R. 2454, the "Cap & Trade" bill passed by the House of Representatives, if also passed by the Senate, will be the largest tax increase any of us has ever experienced. 

 

The Congressional Budget Office (supposedly non-partisan) estimates that in just a few years the average cost to every family of four will be $6,800 per year.

• No one is excluded.

However, once the lower classes feel the pinch in their wallets, you can be sure these voters get a tax refund (even if they pay no taxes at all) to offset this new cost. Thus, you Mr. and Mrs. Middle Class America will have to pay even more since additional tax dollars will be needed to bail out everyone else. 

 

But wait. This awful bill (that no one in Congress has actually read) has many more surprises in it. Probably the worst one is this:

• A year from now you won't be able to sell your house. Yes, you read that right.

The caveat is (there always is a caveat) that if you have enough money to make required major upgrades to your home, then you can sell it. But, if not, then forget it. Even pre-fabricated homes ("mobile homes") are included.

• In effect, this bill prevents you from selling your home without the permission of the EPA administrator.
• To get this permission, you will have to have the energy efficiency of your home measured.
• Then the government will tell you what your new energy efficiency requirement is and you will be forced to make modifications to your home under the retrofit provisions of this Act to comply with the new energy and water efficiency requirements.
• Then you will have to get your home measured again and get a license (called a "label" in the Act) that must be posted on your property to show what your efficiency rating is; sort of like the Energy Star efficiency rating label on your refrigerator or air conditioner.
• If you don't get a high enough rating, you can't sell. And, the EPA administrator is authorized to raise the standards every year, even above the automatic energy efficiency increases built into the Act.

You can read the synopsis of HR 2454 here.

 

You can read the text of HR 2454 here.

Update: Despite the latest book debunking Global Warming ("The Real global Warming Disaster: Is the Obsession with 'Climate Change' Turning out to Be the Most Costly Scientific Blunder in History" by Christopher Booker - click here to read the article and review in the U.K. Telegraph);  "Climategate"  " in which a hacker released more than a thousand emails showing that scientists not only could not explain why temperatures were not going up, but also how to manipulate data to prove their hypothesis that man is the cause for global temperature increases;  numerous examples of poor collection techniques, some of which are included here;  and  Al Gore's ten-digit financial ties to the carbon trade industry, the Cap and Trade Bill (subsequently renamed for PR reasons) is still a viable option for the House and Senate because, well, they like taxes and bureaucracy and maintaining total control over the population.  

Comments

[Randy]

By the time the NAR gets to it, it will have been done, because all they are concerned about is building enrollment and improving their image, which they have been working on since the 1890's, and they are still moving in the wrong direction!

[Air Conditioner Installation St. Petersburg]

I think NAR (National Association of Realtors) needs to review this issue.

[Mary]

What we can say for sure is that “cap & trade” is not just a simple combination of words, but a whole concept we should first understand before jumping to judge if it is indeed there to serve the environment, or would be achieving exactly the opposite. As unfortunatelly, it can be just the next "big bubble" following the subprime morgage crisis ...

(Ref.: http://goo.gl/9stz)

[Kelly Thomas]

There is nothing in the text that says this is a voluntary program, ergo the only was the government can ensure it takes place is refusing to allow the sale of homes that have not been retrofitted. Since the majority of home mortgages are guaranteed through Fannie and Freddie, they will be required to be retrofitted to meet federal law, even if it isn't spelled out in the bill for political reasons.

[Lorraine Duffy]

The Maine Assoc of Realtors are saying that these items are not in the bill - is there any where I can find the real text to this bill in Section 202?

[kelly]

The NAR says with the Manager's Amendment, the energy labeling (Section 204) applies only to new homes.

However, Section 202 still appears to be a mandate to set National energy codes. I cannot see where participation in the program is voluntary by state. And while the bill does not state that one cannot sell a home without an upgrade, the sale of the home cannot occur (at least with a bank mortgage) if the building is out of code. This is a horribly convoluted bill with a 300 plus page amendment attached.

From the bill:

b) National Energy Efficiency Building Codes-
‘(1) REQUIREMENT-
‘(A) IN GENERAL- There shall be established national energy efficiency building codes under this subsection, for residential and commercial buildings, sufficient to meet each of the national building code energy efficiency targets established under subsection (a), not later than the date that is 1 year after the deadline for establishment of each such target, except that the national energy efficiency building code established to meet the target described in subsection (a)(1)(A) shall be established by not later than 15 months after the effective date of that target.
‘(B) EXISTING CODE- If the Secretary finds prior to the date provided in subparagraph (A) for establishing a national code for any target that one or more energy efficiency building codes published by a recognized developer of national energy codes and standards meet or exceed the established target, the Secretary shall select the code that meets the target with the highest efficiency in the most cost-effective manner, and such code shall be the national energy efficiency building code.
‘(C) REQUIREMENT TO ESTABLISH CODE- If the Secretary does not make a finding under subparagraph (B), the national energy efficiency building code shall be established by rule by the Secretary under paragraph (2).

I read these sections over and over and I still cannot make sense of them. But nowhere can I find that the retrofits are not mandatory per the NAR.

THE CBO estimates that this program will generate $842 billion in federal revenue over ten years, which averages to be $300 per American per year. Over ten years, this equates to $3000 per person (or $9000 for a family of three).

[Kelly]

HR 2454 was reintroduced as HR 2998 with different provisions as per the NAR, but the House has not voted on it As it stands, HR 2454, passed on June 26, 2009, with a vote of 219-212, is the bill the Senate must consider per the Constitution - which doesn't mean much to anyone in Washington D,C, these days.

Best as I can tell, a state that opts out would forfeit federal funds, something no state can afford right now.

Here is a link to the text of HR 2998:

http://thomas.loc.gov/cgi-bin/query/F?c111:1:./temp/~c111t2A7oo:e399003:

[negator]

who is john galt?

[Tony]

I'm sorry that last link didn't come out well...you'll need to piece together:

http://www.cccbor.com/sitefiles/ccbor/resourcebin

/2009%20NAR%20INFO%20PACK%20AMERICAN%20CLEAN%

20ENERGY%20AND%20SECURITY%20ACT%200701%20143226.pdf

If anyone knows to the contrary, please post!

[Tony]

I believe this has all been rectified by the NAR (National Association of Realtors) see below:

http://www.cccbor.com/sitefiles/ccbor/resourcebin/2009%20NAR%20INFO%20PACK%20AMERICAN%20CLEAN%20ENERGY%20AND%20SECURITY%20ACT%200701%20143226.pdf

[Sweetromance2]

If they actually get cap and trade going, we will all become slaves to the rest of the world. There will be no jobs here, or any hope anymore.