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S. 1126: REAL Act of 2011

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S. 1126: REAL Act of 2011

112th Congress · introduced 2011-05-26 · Energy · Latest: Read twice and referred to the Committee on Energy and Natural Resources. (text of measure as introduced: CR S3442-3444)

federal

Follow this bill, step by step

  1. Where it came from: introduced 2011-05-26 · official record
  2. Who proposed it: Sen. Whitehouse, Sheldon [D-RI] · what a sponsor is
  3. What happened next: no floor votes in our records yet. Why?
  4. Where it stands now: Read twice and referred to the Committee on Energy and Natural Resources. (text of measure as introduced: CR S3442-3444) Not final yet: this can still change. We check for updates every day.
  5. If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.

What does this mean?

Official title

REAL Act of 2011

Plain summary

Renewable Energy Access Through Leasing Act of 2011 or the REAL Act of 2011- Amends the Energy Independence and Security Act of 2007 to authorize the Secretary of Housing and Urban Development (HUD) to make loan guarantees for the financing of renewable energy systems leased for residential use. Prohibits the Secretary from insuring a loan unless the renewable energy system owner certifies that the systems financed will be leased only to homeowners that grant easements to install, maintain, use and otherwise access the system that include the right to sell electricity produced during the life of the renewable energy system to a wholesale or retail electrical power grid. Requires a renewable energy system lease to specify that it can be assumed by new homeowners. Requires the Secretary to: (1) ensure that a discount given under this Act does not adversely affect the homeowner's mortgage requirements; and (2) fix and collect premiums for insurance of loans under this Act that shall be paid for by the renewable energy system owner and that shall be adequate to cover the expenses and probable losses of administering the program. Prohibits the Secretary from assessing any other fee, premium, or charge in connection with such loan insurance. Establishes the Renewable Energy Lease Insurance Fund, into which the Secretary shall deposit any such premiums. Requires the Secretary to ensure that multifamily housing units are eligible for programs established by this Act. Terminates the Secretary's authority to insure and make commitments to insure new loans under this Act ten years after its enactment.

Congressional Research Service summary (Introduced in Senate), quoted unchanged (nonpartisan). Read the source.

What a vote does

A “Yea” vote

If it passes both chambers and is signed, it becomes law.

A “Nay” vote

If it is not passed, current law stays as it is.

PSI Sci description of the legislative step (not an opinion).

What does this mean? (plain words)

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The strongest published arguments

Arguments for (supporters)

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Alternatives

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How did my representative vote? · This bill's floor votes

Officials and money

Sponsor: Sen. Whitehouse, Sheldon [D-RI] · 2 cosponsors

Cost estimate: No cost estimate published yet.

Cosponsors on this site

Sponsor's campaign money: Sen. Whitehouse, Sheldon [D-RI] reported raising $652,856 (2025–2026). Details. Shown for context only; it does not mean any donor supported this bill.

No linked floor roll calls in our collected records yet. This does not mean the bill has never had a vote. Check the official bill history.

Words on this page, explained (2)
Authorization
A law that creates or continues a government program and says what it may do, often with a suggested spending ceiling. An authorization alone does not provide money; a separate appropriation does.
Securities
Financial investments that can be bought and sold, such as stocks and bonds.

Plain meanings written from linked sources. All words.

Sources

Record fed-us-cong112-s1126 · catalog fed-us-congress-bills-cong112 · updated 2026-11-15 by psicol fed-bills-cong112