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Frank M. Carrio, CMI
(Also see License for homes article incorrect)
Thinking about selling your house? Take a look at H.R. 2454 (Cap and Trade Bill, otherwise known as Control and Tax). No longer just for cars and mobile homes, a license will be required for your house. This bill has already passed one hurdle. It will take very little now to put it into actual law!!! (Excerpts) "Beginning one 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 "Cap & Trade" Bill ... 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 $6,800 per year. No one is excluded. However, once the lower classes
feel the pinch in their wallets, you can be sure that these voters will
get a tax refund (even if they pay no taxes at all) to offset this new
cost. Thus, you Mr. and Mrs. Middle Class have to pay even more since
additional tax dollars will be needed to bail out everyone else.. "The caveat (there always is a caveat) is that if you have enough money to make required major upgrades to your home, then you can sell it. But, if not, then forget it. Even pre-fabricated homes ("mobile homes") are included.
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In effect, this Bill prevents you from selling your home without the ·
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To get this permission, you will have to have the energy efficiency of
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Then the Government will tell you what your new energy efficiency ·
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Then you will have to get your home measured again and get a license · • If you don't get a high enough rating, you can't sell. ·
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And, the EPA Administrator is authorized to raise the standards every
The EPA Administrator, appointed by the President, will run the Cap &
Trade Program and is authorized to make any future changes to the
regulations and standards he/she alone determines to be in the
Government's best interest. ·
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The
Act itself contains annual required increases in energy efficiency ·
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However, the EPA Administrator can set higher standards at any time. Beginning one year after enactment of the Act, you won't be able to sell your home unless you retrofit it to comply with its energy and water efficiency standards. You had better sell soon, because the standards will be raised each year and will be really hard (expen$ive) to meet in a few years. The Act allows the Government to give you a grant of several thousand dollars to comply with the retrofit program requirements IF you meet certain energy efficiency levels. But, wait, the State can set additional requirements on who qualifies to receive the grants. You should expect requirements such as "can't have an income of more than $50K per year", "home selling price can't be more than $125K", or anything else to target the upper middle class (that includes YOU?) and prevent you from qualifying for the grants. Most of us won't get a dime and will have to pay the entire cost of the retrofit out of our own pockets. More transfer of wealth, more "change you can believe in."
Sect. 204 - Building Energy Performance Labeling Program
establishes a labeling program that for each individual residence will
identify the achieved energy efficiency performance for "at least 90
percent of the residential market within 5 years after the date of the
enactment of this Act." But, the Government estimates the cost of measuring the energy efficiency of your home should only cost about $200 each time. Remember what they said about the auto smog inspections when they first started: that in California ? It would only cost $15. That was when the program started. Now the cost is about $50 for the inspection and certificate. Expect the same from the home labeling program. Sect. 304 - Greater Energy Efficiency in Building Codes establishes new energy efficiency guidelines for the National Building Code and mandates at 304(d) that one year after enactment of this Act, all state and local jurisdictions must adopt the National Building Code energy efficiency provisions or must obtain a certification from the federal government that their state and/or local codes have been brought into full compliance with the National Building Code energy efficiency standards.
This Congress and their "experts" are truly out to destroy the
middle All this to fight "global warming," a problem that does not exist.
Updated comments on HR 2454 as of 9 April 2010:
Cap and Trade: A License Required for your Home
HR2454 American Clean Energy & Security Act:
Cap & Trade A license required for your home:
Cap and trade is a license to cheat and steal:
See also:
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