Land Use & Property Rights
What’s touted as model eminent domain legislation? Arizona’s Property Ownership Fairness ActÂ
Who says so? Right and Libertarian groups like CATO, Goldwater Institute + Urbanity Project of the Mercatus Center at George Mason University
Why is the Property Ownership Fairness Act popular? Some say it is middle ground where neither property rights nor local government action are absolute. The Act says if a local government action diminishes the value of land by imposing new limitations on the use of the property, like increasing the minimum lot size or changing the zoning to lower-value uses, it must compensate the property owner for their loss.
CATO | Property Ownership Fairness Act: Protecting Property Rights
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