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- Feb 4, 2005
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So, is this a good thing or a bad thing? On the one hand, it's good that it's protecting the individual property owner. On the other hand, we've got a bill that has the federal government dictating how states run their business.
Conservative defenders of private property and liberal protectors of the poor joined in an overwhelming House vote to prevent local and state governments from seizing homes and businesses for use in economic development projects.
The House legislation, passed 376-38, was in response to a widely criticized 5-4 ruling by the Supreme Court last June that allowed eminent domain authority to be used to obtain land for tax revenue-generating commercial purposes.
The bill would withhold for two years all federal economic development funds from states and localities that use economic development as a rationale for property seizures. It also would bar the federal government from using eminent domain powers for economic development.
So, is this a good thing or a bad thing? On the one hand, it's good that it's protecting the individual property owner. On the other hand, we've got a bill that has the federal government dictating how states run their business.