Dive summary:

• The city of San Francisco is now making a note in its assessment records if a property has been awarded LEED, Energy Star or other environmental credentials.
• Assessor Phil Ting says that taking official notice is a way to move toward having green building practices be essential to construction rather than an option.
• The city's environment director says that official records now will provide a quick picture of which buildings are reducing their carbon footprint and which are not.

From the article:

The Assessor’s rules for reassessment remain unchanged by this initiative and a Green Label by itself will not be used to increase assessed value of properties. ...