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2005 House Bill 1165: Requiring compensation for county regulatory actions that reduce property value
Introduced by Rep. Dan Roach, (R-Bonney Lake) (R) on January 18, 2005
To provide that a county that adopts and/or implements regulations or any other act that sets aside, prevents use, or devalues property or a property interest shall, in addition to liability for any other damages due under state law, compensate the taxpayer identified on the annual tax assessment for the percentage portion fair market value of the property or property interest set aside, prevented from use, or devalued and for loss of potential income within one year of the passage or implementation of such ordinances, statutes, rules, or act utilized to cause such impact on taxed property within the county. See companion SB 5671.   Official Text and Analysis.
Referred to the House Local Government & Housing Committee on January 18, 2005