November 18th, 2021 — In
What Does the New Public Infrastructure Bill Mean For Property Owners Facing An Eminent Domain Taking?
This Article is written by Owners’ Counsel of America for general informational purposes only. It is intended to assist property owners who may be facing a taking of their property as a result of the Infrastructure Investment and Jobs Act, commonly referred to as the “Public Infrastructue” bill that was recently passed by Congress. This Article is not to be viewed as providing legal advice or to be considered as a substitute for consulting with an experienced eminent domain, takings or property rights lawyer on the matters covered herein. With $1.2 trillion of federal funds approved under the Infrastructure Investment and Jobs Act to rebuild America’s infrastructure, states will soon be flooded with monies aimed at addressing a slew of road, highway, bridge, railway and dam projects. Electrical and utility projects are also part of the plan, not to mention the $65 billion set aside to upgrade broadband in many of our rural communities. But whether the work will involve repairing existing structures or building new ones, one thing seems certain: a significant amount of private property and right of way will be needed in order to accomplish the extensive list of projects that are currently being considered. This means that many of the property owners who are currently celebrating the infusion of fresh funds into our crumbling infrastructure, may also find themselves the source of supply for the vast amounts of property rights needed to get the job done. With one of the largest public use building programs about […]