Amendment to the Canady substitute amendment (A001) requires the Federal Government to purchase the portion of a property affected by an agency action, at fair market value, if the loss in value exceeds 50 percent and the owner so requests; and provides that the bill's compensation requirements will apply only in cases involving restrictions imposed by an agency under the Clean Water Act wetlands program, the Endangered Species Act, and cases involving the taking of water rights.

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Amendment Number
248
Description
Amendment to the Canady substitute amendment (A001) requires the Federal Government to purchase the portion of a property affected by an agency action, at fair market value, if the loss in value exceeds 50 percent and the owner so requests; and provides that the bill's compensation requirements will apply only in cases involving restrictions imposed by an agency under the Clean Water Act wetlands program, the Endangered Species Act, and cases involving the taking of water rights.
Purpose
An amendment (numbered 7 as printed in the Congressional Record) to the Canady substitute to retain the main provisions of the Canady amendment, but further requires the Federal Government to purchase the portion of a property affected by an agency action, at fair market value, if the loss in value exceeds 50% and the owner so requests. The amendment also limits the scope of the bill, providing that the measure's compensation requirements would apply only in cases involving restrictions imposed by an agency under the following provisions of law: 1) Clean Water Act wetlands permitting program; 2) Endangered Species Act; 3) Resource Conservation provisions of the 1985 Farm Bill; 4) Rights to receive and use water under the Reclamation Acts, Federal Land Policy and Management Act, and Forest and Rangeland Renewable Resources Planning Act.
Congress
104
Type
HAMDT
Latest Action Date
Mar 2, 1995
Latest Action Text
On agreeing to the Tauzin amendment (A002) Agreed to by recorded vote: 301 - 128 (Roll no. 190).
Latest Action Time
15:31:21
Submitted Date
Mar 2, 1995
Chamber
House of Representatives
Update Date
Aug 15, 2021
Amendment 248 — Informed