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Bill > HF1138


MN HF1138

MN HF1138
Disclosure of energy costs and ratings to prospective purchasers of real property required.


summary

Introduced
02/19/2025
In Committee
02/19/2025
Crossed Over
Passed
Dead

Introduced Session

94th Legislature 2025-2026

Bill Summary

A bill for an act relating to real property; requiring the disclosure of energy costs and ratings to prospective purchasers of real property; proposing coding for new law in Minnesota Statutes, chapter 513.

AI Summary

This bill requires sellers of residential real property in Minnesota to disclose specific energy-related information to potential buyers. When selling a property, the seller must provide the total cost of electricity, natural gas, and water usage for the previous 12 months, along with how these costs compare to the statewide average residential utility expenses. Utility companies are obligated to provide this information upon request from the seller or their representative. Additionally, when listing a residential property for sale, the real estate listing must include these utility cost details and, if available, the property's Home Energy Rating System (HERS) Index score. A HERS Index is a standard measurement of a home's energy efficiency, with lower scores indicating more energy-efficient properties. The bill aims to increase transparency for potential homebuyers by providing them with clear information about a property's energy consumption and associated costs before making a purchase decision.

Committee Categories

Agriculture and Natural Resources

Sponsors (1)

Last Action

Introduction and first reading, referred to Energy Finance and Policy (on 02/19/2025)

bill text


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