ENTITLED, An Act to
restrict the use of eminent domain under certain circumstances and to protect
certain private property rights from acquisition by the use or threat of eminent domain.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF SOUTH DAKOTA:
Section
1.
No county, municipality, or housing and redevelopment commission, as provided for
in chapter 11-7, may acquire private property by use of eminent domain:
(1) For transfer to any private person, nongovernmental entity, or other public-private
business entity; or
(2) Primarily for enhancement of tax revenue.
Section
2.
No county, municipality, or housing and redevelopment commission, as provided for
in chapter 11-7, may transfer any fee interest in property acquired by the use or threat of eminent
domain within seven years of acquisition to any private person, nongovernmental entity, or public-
private business entity without first offering to sell such fee interest back to the person who
originally owned the property, or such person's heirs or assigns, at current fair market value, whether
the property has been improved or has remained unimproved during the interval, or at the original
transfer value, whichever is less.
An Act to restrict the use of eminent domain under certain circumstances and to protect certain
private property rights from acquisition by the use or threat of eminent domain.
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I certify that the attached
Act
originated in the
HOUSE as
Bill
No.
1080
____________________________
Chief Clerk
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____________________________
Speaker of the House
____________________________
Chief Clerk
____________________________
President of the Senate
____________________________
Secretary of the Senate
House
Bill
No.
1080
File No. ____
Chapter No. ______
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Received at this Executive Office
this _____ day of _____________ ,
20____ at ____________ M.
By _________________________
for the Governor
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The attached Act is hereby
approved this ________ day of
______________ , A.D., 20___
____________________________
Governor
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STATE OF SOUTH DAKOTA,
ss.
Office of the Secretary of State
Filed ____________ , 20___
at _________ o'clock __ M.
____________________________
Secretary of State
By _________________________
Asst. Secretary of State
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