October 24, 2006

Prop 90: Protect your home and business

By Prop 90: Protect your home and business

Placer County (CA) Supervisor Bruce Kranz explains why he endorses Prop. 90. Excerpt:

Neither "economic development," nor generic "blight" will be enough to take your property. Government will have to prove blight on each and every property and to prove it before a jury, rather than making vague declarations from on high to justify bulldozing whole neighborhoods. Government entities will have to prove a risk to public health and safety. Neither private gain nor windfall tax revenues are reasons for a regulatory taking that reduces the property value. Property owners will be justly compensated for property taken rather than receiving below-market prices through extortion or abusive regulatory actions.

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