Compensating Landowners for Government Caused Decrease in Property Value
H.3208 is a reintroduction of last session’s H.5028. The bill would stipulate that right of way acquisition cost for government bodies exercising eminent domain include compensation to landowners within 1000 feet of the right of way who have seen their property values fall due to the location of the right of way. This is a sensible bill that recognizes property owners don’t have to have their property taken to be harmed by eminent domain. It is only just that property owners who lose wealth due to the forceful takings of government by compensated for that loss.