Zoning - As introduced, prohibits the adoption or enforcement of zoning regulations that have the effect of diminishing the value of a property; authorizes property owners to seek compensation for such diminished value. - Amends TCA Title 5; Title 6; Title 7 and Title 13, Chapter 7.
P2C, ref. to State & Local Government Committee
Summary
The bill bars any local government from adopting or enforcing zoning actions that reduce a property's market value, unless the change is needed for health, safety, legal compliance, or nuisance control. Property owners can sue to stop the change, get a court declaration, or receive damages equal to the loss in fair‑market value, and the government must pay that amount unless it waives the change within 60 days. It aims to protect owners from unexpected loss of property worth due to zoning decisions.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
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