FRAMER Act: Reimbursing builders for high state energy code costs
This bill requires states to pay builders for the extra costs of meeting strict local energy codes compared to federal standards in specific zones. The goal is to make housing more affordable by offsetting expensive regulatory requirements.
Key points
States must reimburse builders for the cost difference between state and federal energy standards.
The rule applies specifically to residential buildings located in designated Opportunity Zones.
Builders must disclose to buyers how much the state payment reduced the home's purchase price.
The program is temporary and will expire seven years after becoming law.
Status:
Introduced
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