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U.S. Congress Legislative Bills
2 legislative bills tracked for real estate wholesalers & investors
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SB4806Introduced Low Risk
POWER Up Act Promoting Oversight of Wholesale Energy Reliability Act
Summary
- The POWER Up Act aims to clarify the Federal Energy Regulatory Commission's authority over the interconnection of large load facilities to electric transmission systems in interstate commerce
- This legislation focuses on energy reliability and oversight rather than real estate transactions
What This Means for Wholesalers
- This bill does not directly impact real estate wholesalers as it pertains to energy regulation and does not address real estate practices or licensing
- Wholesalers in real estate will continue to operate under existing laws without changes from this legislation
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SR565Introduced Low Risk
A resolution recognizing that facilities that produce renewable electricity are the cheapest power-generating facilities to operate and reliance on fossil fuel-generating facilities to meet growing power demand drives up wholesale electricity prices.
Summary
- This resolution acknowledges that renewable electricity facilities are the most cost-effective to operate and highlights that dependence on fossil fuels increases wholesale electricity prices
- It aims to promote the transition to renewable energy sources for power generation
What This Means for Wholesalers
- This bill does not directly impact real estate wholesalers as it focuses on energy production and pricing rather than real estate transactions
- Wholesalers will continue to operate under existing regulations without any new requirements stemming from this resolution
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