The bill introduces significant changes to the current laws governing the appropriation of private property by government entities. Notably, it stipulates that any public agency intending to appropriate real property must provide ample notice to property owners, alongside an initial written good faith offer based on an appraisal. The requirements aim to create a more transparent and fair process for property owners, especially in instances where their land is being taken for public use, which directly reinforces their legal rights and fosters compliance with fair market assessments.
Summary
House Bill 64 aims to modify Ohio's eminent domain law by amending several sections of the Revised Code and introducing standard requirements that public agencies must follow when acquiring private property. The bill emphasizes the rights of property owners by ensuring that they are adequately compensated for their property, maintaining that any compensation awarded must not be less than the fair market value assessed by an independent appraiser. This measure ultimately seeks to protect individual rights against potential government overreach in property appropriation scenarios.
Contention
Potential points of contention may arise among stakeholders regarding how the definition of 'public use' is applied under this new framework. While the bill restricts the use of eminent domain for purely economic development purposes or the increasing of public revenue, critics worry that the stipulations could hinder vital infrastructure projects. There are also concerns regarding the adequacy of the compensation provided, with debates likely centered on whether the defined good faith offers meet the true value of the properties affected, especially in cases that could be seen as undervaluing property owned by individuals.
The "Vacant Property Revitalization and Affordable Housing Act"; establishes fund to revitalize certain real property and revises process for tax lien holder to foreclose the right of redemption; appropriates $50 million.