LD 470
pg. 3
An Act Requiring Compensation for Loss of Property Value Due to State or Local ...
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LR 777
Item 1
§846.__Legal challenges
This Act does not preclude a property owner from challenging a
regulation affected by this Act under any other law or
constitutional provision.
SUMMARY
This bill requires the State and its political subdivisions to
pay property owners when state or local regulations lower the
owner's property value by more than 50%.
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