A499 — Requires State compensation of property owners for certain property devalued due to certain environmental laws; and requires State agencies to evaluate proposed administrative rules for potential to constitute taking of real property.

A499 — Requires State compensation of property owners for certain property devalued due to certain environmental laws; and requires State agencies to evaluate proposed administrative rules for potential to constitute taking of real property. · Informed CitizenryThe New Jersey Property Rights Protection Act requires the State to compensate real property owners if a State action—specifically the enactment of environmental laws, the adoption of regulations…Open in Informed Citizenry