Budget Amendment ID: FY2015-S4-647

TRP 647

Regulating Eminent Domain Powers of Airport Authorities

Mr. Keenan moved that the proposed new text be amended moved that the bill be amended by inserting, after section___, the following new section:-

SECTION ___. Section 51G of chapter 90 of the General Laws, as appearing in the 2012 Official Edition, is hereby amended by adding the following new paragraph:-

“When eminent domain taking is used for the purpose of ancillary airport operations such as parking, municipalities shall be compensated on an annual basis for the loss of property tax revenue. Such property tax revenue shall be determined using the taking authority’s appraisal used in determining the eminent domain award to the property owner, the assessed value by the municipality, or the value of the property as determined by the court if the taking is appealed, whichever is highest . Such compensation shall commence within one year of the transfer of property and with the approval of the mayor and the city council in cities or the approval of town meeting.”