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.
Compensating Landowners for Government Caused Decrease in Property Value
BySouth Carolina Policy Council
Dec 18, 2014
By South Carolina Policy Council
Since 1986 the South Carolina Policy Council Education Foundation has advocated innovative policy ideas that advance the principles of limited government and free enterprise. The Policy Council is the state’s meeting place for business leaders, policymakers, and academics – as well as engaged citizens – who want to see South Carolina become the most free state in the nation. For questions or comments on the articles on this website, please email Research Director Jamie Murguia.