Bill Text: NJ A2369 | 2014-2015 | Regular Session | Introduced
Bill Title: Concerns valuation of property condemned for dune construction or beach replenishment.
Spectrum: Partisan Bill (Republican 2-0)
Status: (Introduced - Dead) 2014-02-06 - Introduced, Referred to Assembly Environment and Solid Waste Committee [A2369 Detail]
Download: New_Jersey-2014-A2369-Introduced.html
Sponsored by:
Assemblyman GREGORY P. MCGUCKIN
District 10 (Ocean)
Assemblyman DAVID W. WOLFE
District 10 (Ocean)
SYNOPSIS
Concerns valuation of property condemned for dune construction or beach replenishment.
CURRENT VERSION OF TEXT
As introduced.
An Act concerning compensation for certain condemned property, and supplementing P.L.1971, c.361 (C.20:3-1 et seq.).
Be It Enacted by the Senate and General Assembly of the State of New Jersey:
1. Just compensation for an easement over a portion of beachfront property condemned for the purpose of dune construction or beach replenishment shall 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. 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, shall not be considered to cause a diminution in the value of the entire property.
2. This act shall take effect immediately and shall apply to all actions pending on the effective date of the act.
STATEMENT
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.
