Montana Initiative Would Protect Landowners from State Takings

Mon, Aug 3 2009 — Source: The Clark Fork Chronicle

Property owners in Montana would be compensated for state actions that only partially reduce their property value under a ballot initiative currently gaining signatures. Under current law a property owner is paid compensation only when a government action reduces a property’s value in its entirety, meaning that governments can take actions that significantly impact property values without owing any compensation.

 

Read the story from the Clark Fork Chronicle