The Infrastructure Package Means Business for Eminent Domain Lawyers
After much debate, President Joe Biden signed a $1.2 trillion infrastructure bill into law. There is money for projects in most states which will require taking private property. In his Condemnation and Tax Certiorari column, Michael Rikon reviews what is in the infrastructure package and asks: Is your office ready for the cases that will be coming?
December 23, 2021 at 02:00 PM
8 minute read
Real Estate
After much debate, President Joe Biden signed a $1.2 trillion infrastructure bill (H.R. 3684) into law, finalizing a key part of his economic agenda. The vote in the senate was uncommonly bipartisan; the yes votes included Sen. Mitch McConnell of Kentucky, the Senate Republican Leader and 18 other Republicans.
There is money for projects in most states which will require taking private property. The question is, is your office ready for the cases that will be coming?
First an overview, according to an article written by CNN Politics on Nov. 15, 2021 by Katie Lobosco and Tami Luhby, the package will deliver $550 billion in new federal investments in America's infrastructure over five years. Here is what's in the infrastructure package:
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