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SB 478 - Property Investment Protection Act - provide (2)

Brush, B. Joseph (24th)	Blitch, Peg (7th)

Status Summary	SC:	F&PU	HC:		FR:	02/22/00	LA:	02/22/00	S - Read 1st time

First Reader Summary

A bill to be entitled an Act to amend Chapter 1 of Title 22 of the Official Code of Georgia Annotated, relating to general provisions relative to eminent domain, so as to provide that any action taken by the state, a county, or a municipal corporation to change the land use or zoning status of real property which causes a reduction in the use or exchange value of that property shall be considered a taking of said property; to provide a short title; to provide a definition; to provide for the rights of the property owner in such circumstance; to provide for construction; to provide for applicability; to provide for other matters relative thereto; to repeal conflicting laws; and for other purposes.

Code Sections

Code Sections amended: 22-1-6.1