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Bill > S2244


NJ S2244

NJ S2244
Concerns valuation of property condemned for dune construction or beach replenishment.


summary

Introduced
03/16/2020
In Committee
03/16/2020
Crossed Over
Passed
Dead
01/11/2022

Introduced Session

2020-2021 Regular Session

Bill Summary

This bill would supplement the "Eminent Domain Act of 1971," P.L.1971, c.361 (C.20:3-1 et seq.), to provide that just compensation for an easement over a portion of beachfront property condemned for the purpose of dune construction or beach replenishment must include consideration of the increase in value to the entire property due to the added safety and property protection provided by the dune or replenished beach. The bill would also provide that any additional rights of the public to access property held in the public trust arising as a result of the easement, or the dune construction or beach replenishment, would not be considered to cause a diminution in the value of the entire property.

AI Summary

This bill would supplement the "Eminent Domain Act of 1971" to provide that just compensation for an easement over beachfront property condemned for dune construction or beach replenishment must include consideration of the increase in value to the entire property due to the added safety and property protection provided by the dune or replenished beach. The bill also states that any additional public access rights to the property resulting from the easement or the dune/beach project would not be considered to diminish the value of the entire property.

Committee Categories

Agriculture and Natural Resources

Sponsors (1)

Last Action

Introduced in the Senate, Referred to Senate Environment and Energy Committee (on 03/16/2020)

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