,i  #aaith ,,congress  #b;d ,session    
,h4 ,r4 #gbhb  ,,in ,,the ,,house ,,of  
,,representatives  ,january #cj1        
#bjbf,mr4 ,crank introduced the         
following bill2 which was referred to   
the ,committee on ,financial ,services  
,a ,,bill  ,to incentivize ,states not  
to enact costly1 burdensome1 and        
unreasonable energy code housing        
policies1 and for other purposes4  #a4  
,short title ,this ,act may be cited as 
the ,freeing ,residential ,affordable   
,markets from ,excess ,regulation ,act  
or the ,,framer ,act4  #b4 ,energy      
,codes in ,opportunity ,zones  7a7 ,in  
general ,section #ajd of the ,housing   
and ,community ,development ,act of     
#aigd 7#db ,u4,s4,c4 #ecjd7 is amended  
by adding at the end the following3  7n7
 ,energy ,codes in ,opportunity ,zones  
7#a7 ,in general ,to be eligible to     
receive amounts under this title on or  
after the date that is #ij days after   
the date of the enactment of this       
subsection1 a ,state shall provide to   

each person who built a covered dwelling
 unit in an opportunity zone that is    
located in the jurisdiction of such     
entity1 not later than #cj days after   
such dwelling unit has been inspected   
and certified for occupancy1 a payment  
in the amount equal to the difference1  
determined by the ,secretary of ,housing
 and ,urban ,development1 between-- 7,a7
 the cost of implementing the energy    
housing code of the ,state with respect 
to such covered dwelling unit1 including
 costs associated with labor1 supplies1 
wages of employees1 inspection costs1 or
 any other cost realized by the person  
who built a covered dwelling unit2 and  
7,b7 the cost of implementing the       
,department of ,housing and ,urban      
,development's ,minimum ,energy         
,standard with respect to such covered  
dwelling unit1 regardless of whether    
such covered dwelling is subject to such
 standard4  7#b7 ,exception ,paragraph  
7#a7 shall not apply if the energy      
housing code of the ,state has a lower  

cost than the ,department of ,housing   
and ,urban ,development's ,minimum      
,energy ,standard4  7#c7 ,disclosure    
requirement ,a person who built a       
covered dwelling unit in an opportunity 
zone and who has received or may in the 
future receive a reimbursement for      
building costs incurred shall provide to
 the person who first buys the covered  
dwelling unit1 using a procedure and    
form established by the ,secretary1 a   
disclosure document that1 based on      
information reasonably available at the 
time such disclosure is made1--  7,a7   
identifies the difference between the   
cost of implementing the energy housing 
code of the ,state with respect to such 
covered dwelling unit and the cost of   
implementing the ,department of ,housing
 and ,urban ,development's ,minimum     
,energy ,standard with respect to such  
covered dwelling unit2  7,b7 identifies 
any amount that such person who built a 
covered dwelling unit has received or   
expects to receive from the a ,state    

under this section and any portion of   
such amount that was used by such person
 to reduce the price of the covered     
dwelling unit4  7#d7 ,definitions ,in   
this subsection3 7,a7 ,covered dwelling 
unit ,the term covered dwelling unit    
means a residential building such as    
term is defined in section #fhcb of     
title #db1 ,code of ,federal            
,regulations4  7,b7 ,opportunity zone   
,the term opportunity zone has the      
meaning given the term in section       
#adjj,z-#b of title #bf1 ,united ,states
 ,code4  4  7b7 ,report ,the            
,comptroller ,general of the ,united    
,states shall1 each year until the date 
described in subsection 7c71 submit a   
report to the ,congress that1 to the    
degree practicable-- 7#a7 lists the     
,states that were required under        
,section #ajd7n7 of the ,housing and    
,community ,development ,act of #aigd to
 provide payments to persons who built  
dwelling units2  7#b7 the amount of each
 such payment1 broken out by            

metropolitan city1 urban county1 ,state1
 unit of general local government1 and  
insular area2  7#c7 the total amount of 
all such payments1 broken out by        
metropolitan city1 urban county1 ,state1
 unit of general local government1 and  
insular area2 and  7#d7 the amount of   
the difference between the ,state codes 
and ,department of ,housing and ,urban  
,development's ,minimum ,energy         
,standard by metropolitan city1 urban   
county1 ,state1 unit of general local   
government1 and insular area4  7c7      
,sunset ,section #ajd7n7 of the ,housing
 and ,community ,development ,act of    
#aigd1 as added by this section1 shall  
be repealed on the date that is #g years
 after the date of the enactment of this
 section4