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AZ HB2571
Bill
Status
2/17/2016
Primary Sponsor
Kelly Townsend
Click for details
AI Summary
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Amends Arizona Revised Statutes section 12-1134 to remove the exemption for land use laws required by federal law, allowing property owners to seek just compensation when federal land use laws reduce property values.
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Entitles property owners to just compensation from the state or political subdivision when a land use law enacted after property transfer reduces the fair market value of their real property.
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Maintains existing exemptions for laws protecting public health and safety, preventing public nuisances, restricting sex offender housing and adult businesses, establishing utility facilities, and laws enacted before December 7, 2006.
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Allows property owners to demand just compensation without first submitting a land use application, and provides a cause of action if compensation is not resolved within 90 days.
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Requires a three-fourths vote in both houses of the legislature for enactment, as mandated by the Arizona Constitution.
Legislative Description
Property; diminution; compensation; federal law
Last Action
House FSR Committee action: Held
2/17/2016