TABLE OF CONTENTS:
Title I: Findings and Purposes
Title II: Property Rights Litigation Relief
Title III: Alternative Dispute Resolution
Title IV: Private Property Taking Impact Analysis
Title V: Miscellaneous
Omnibus Property Rights Act of 1997 - Title I: Findings and Purposes - Sets forth findings and purposes for this Act.
Title II: Property Rights Litigation Relief - Prohibits Federal and State agencies from taking private property except for public use and with just compensation to the owner. Sets forth the circumstances in which compensation is required.
Prohibits filing claims against a State agency for carrying out a regulatory program mandated by Federal law, delegated under a Federal program, or funded by Federal funds in connection with a State regulatory program.
Title III: Alternative Dispute Resolution - Provides for settlement or arbitration, on consent of both parties, of property rights disputes. Declares that title 9 of the U.S. Code (relating to arbitration) shall apply to enforcement of awards rendered under this title.
Title IV: Private Property Taking Impact Analysis - Requires that Federal agency actions likely to result in the taking of private property be preceded by a written impact analysis available to the public.
Title V: Miscellaneous - Sets forth severability provisions and the effective date of this Act.
Introduced in Senate
Sponsor introductory remarks on measure. (CR S5004-5006)
Read twice and referred to the Committee on Judiciary.
Committee on Judiciary. Hearings held.
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