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MS SB3090
Bill
AI Summary
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State shall compensate landowners for any diminution in property value caused by development on adjacent parcels, effective January 1, 2011.
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Compensation amount shall be determined by the average valuation of three professional property appraisers: one selected by the landowner, one by the state, and one agreed upon by both parties.
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Appraisal fees shall be split equally between the state and the affected landowner.
Legislative Description
Landowners; compensated by state for certain diminution in property value.
Last Action
Died In Committee
2/2/2010
Full Bill Text
No bill text available