LAWFER-GARRETT AND BLACK. New Act Creates the Property Rights Preservation Law and the Relief for Diminished Property Value Law. Requires the Attorney General to develop and provide to State and local agencies guidelines to assist in identifying and evaluating State and local government actions that may result in the taking of private property such that compensation to the property owner is required under the Illinois or United States constitution. Requires State and local agencies to assess whether a government action may result in such a taking of private property. Provides a cause of action for property owners and provides for enforcement by the Attorney General. Provides a cause of action for damages for a property owner whose property is diminished in value by 50% or more by application of a statute, ordinance, regulation, or policy or by denial of a permit or other governmental authorization. Provides for a civil action to invalidate a statute, ordinance, regulation, or policy or a provision of a permit or other governmental authorization that does not substantially advance its stated governmental purpose. DEC-08-2000 H PREFILED WITH CLERK JAN-10-2001 H FIRST READING JAN-10-2001 H REFERRED TO HOUSE RULES COMMITTEE RULES JAN-30-2001 H ADDED AS A JOINT SPONSOR GARRETT JAN-31-2001 H ASSIGNED TO COMMITTEE JUD-CIVIL LAW FEB-06-2001 H ADDED AS A CO-SPONSOR BLACK MAR-16-2001 H RE-REFERRED TO RULES COMM/RULE 19(A) RULES HRUL JAN-07-2003 H SESSION SINE DIE END OF INQUIRY Full Text Bill Summary