Compensation for Reduction in Fair Market Value by Government Law or Regulation
Colorado Ballot Measure - Amendment 74
Election: Nov. 6, 2018 (General)
Outcome: Failed
Categories:
Housing and PropertyGovernment Budget and Spending
Summary
Amendment 74 proposes amending the Colorado Constitution to:
* require the state or a local government to compensate a property owner if a law or regulation reduces the fair market value of his or her property.
Measure Text
Shall there be an amendment to the Colorado constitution requiring the government to award just compensation to owners of private property when a government law or regulation reduces the fair market value of the property?
Yes ( ) No ( )
Resources
Official Summary
Full Text
Source