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From the 2007 General Assembly
SB 3
Property Protection Act of 2007
Senators DeGrange, Miller, Astle, et al.
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Summary
Requiring a government unit to make specified findings in writing before condemning and transferring private property to a private party for economic development purposes; establishing a standard for judicial review of a government unit's findings; establishing that damages awarded for the taking of property used for a business or farm operation shall include damages for loss of "goodwill" under specified circumstances and for damages for loss of net operating income for a specified time; etc.
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