Higher Compensation and Limits on Federal Eminent Domain Power Delegation.
This bill aims to strengthen protections for property owners whose land is taken by the Federal Government for public use. It mandates that compensation must equal 150% of the property's fair market value, significantly increasing the payout for citizens. Crucially, the Federal Government is prohibited from delegating its eminent domain power to any private entity.
Key points
If the Federal Government takes your property, you must receive 150% of its fair market value as compensation.
The government cannot delegate the power to seize private property to private companies or non-governmental entities.
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