Bill > HR7282

This bill, known as the FRAMER Act (Freeing Residential Affordable Markets from Excess Regulation Act), aims to incentivize states to avoid enacting overly costly and burdensome energy codes for housing. Specifically, it amends the Housing and Community Development Act of 1974 to require states to provide financial reimbursement to builders of new residential units in "opportunity zones" (designated economically distressed areas) for the difference in cost between their state's energy housing code and the Department of Housing and Urban Development's (HUD) Minimum Energy Standard, unless the state's code is already cheaper. Builders receiving these reimbursements must then disclose this information to the first buyer of the home, detailing the cost difference and any amount used to reduce the home's price. This provision will be in effect for seven years, and the Comptroller General will report annually on the payments made and cost differences.

Business and Industry

https://www.congress.gov/bill/119th-congress/house-bill/7282/all-info