SECTION 1: TITLE
1. This Act shall be titled the Banning Unfair Seizure of Property Act.
SECTION 2: DEFINITIONS
For the purposes of this act, the following definitions apply
(a) "Eminent Domain" means the power of the government or a private entity to take private property for public use, with just compensation paid to the property owner.
(b) "Market Value" means the fair market value of the property, as determined by a certified real estate appraiser.
SECTION 3: BANNING EMINENT DOMAIN
1 No government or private entity shall use eminent domain to acquire private property for any purpose unless the property owner is offered 200% or more of the market value of the property and if the property owner agrees to the seizure.
SECTION 4: ENFORCEMENT IF VIOLATIONS OCCUR
1. Any person or entity aggrieved by a violation of this act may bring an action in court to enjoin the violation and/or seek damages for any harm suffered as a result of the violation.
SECTION 5: WHEN WILL THIS ACT TAKE EFFECT
1. This Act will take effect immediately following the passing of this Act.
Sponsor: Ishan
The First Minister is recognized.