SB 5038 - DIGEST

 

     Provides that, if the commission has zoned an existing property or parcel in such a way that prohibits development of that property or parcel and the property or parcel is within an incorporated city's limits or was purchased before January 1, 1987, the commission shall grant, by any process, a single building permit for that property or parcel, or compensate the owner for the value of the property or parcel.

     Provides that the assessor of the county to which the property in question belongs shall determine the compensatory amount.

     Provides that, if the commission does not grant a permit or compensation as required by this act, then the legislature will not renew the commission's appropriation for the next biennium.