[ Search ] [ Legislation ] [ Bill Summary ]
[ Home ] [ Back ] [ Bottom ]
90_HB1423
20 ILCS 1120/7 new
Amends the Energy Policy and Planning Act. Requires the
Department of Natural Resources to develop an energy
efficiency fact sheet relating to residential property.
Provides that, upon request, the Department shall conduct
presentations on energy efficiency matters. Requires the
Department to distribute the fact sheets to all mortgage
lenders in Illinois. Requires the mortgage lenders to make
the fact sheets available to the public.
LRB9004369JSgc
LRB9004369JSgc
1 AN ACT to amend the Energy Policy and Planning Act by
2 adding Section 7.
3 Be it enacted by the People of the State of Illinois,
4 represented in the General Assembly:
5 Section 5. The Energy Policy and Planning Act is amended
6 by adding Section 7 as follows:
7 (20 ILCS 1120/7 new)
8 Sec. 7. Residential energy efficiency.
9 (a) The Department shall develop an energy efficiency
10 rating (EER) fact sheet for distribution to purchasers of
11 residential property. The Department shall obtain input from
12 state-wide lender associations, housing advocacy groups,
13 appraisers, energy rating organizations, realtors, and other
14 interested parties in developing the EER fact sheet.
15 (b) The EER fact sheet shall provide basic information
16 on the concept of energy efficiency rating. The EER fact
17 sheet shall include an example demonstrating energy
18 consumption and cost for a residence both before and after
19 improvements to enhance energy efficiency. The EER fact
20 sheet shall emphasize the importance of an efficiency
21 analysis to estimate the cost savings that may result from
22 improvements. It shall provide recommendations of various
23 methodologies that may be utilized to enhance the energy
24 efficiency of residences.
25 (c) The Department shall distribute to all mortgage
26 lenders, as defined in the Mortgage Escrow Account Act, EER
27 fact sheets in an amount equal to the number of mortgage
28 applications distributed by the mortgage lender during the
29 previous calendar year.
30 (d) The Department shall establish a dedicated telephone
31 line to receive questions from lenders and prospective
-2- LRB9004369JSgc
1 mortgagees regarding energy efficiency concerns. This phone
2 line may be used with an automatic answering system only
3 during hours the Department is not open for regular services
4 to the public. In addition, the Department shall, upon
5 request from a mortgage lender, make presentations concerning
6 energy efficiency in the Legislative District in which the
7 lender is located. The presentation shall be held within 90
8 days after the request and shall be open to the public.
9 (e) A mortgage lender, as defined in the Mortgage Escrow
10 Account Act, shall display the EER fact sheets at each
11 location at which it conducts business. The EER fact sheets
12 shall be available in a self-service format. A mortgage
13 lender shall also include an EER fact sheet in all loan
14 application packages distributed by the lender.