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Current as of January 01, 2025 | Updated by Findlaw Staff
1. No condemning authority shall acquire private property through the process of eminent domain for solely economic development purposes.
2. For the purposes of this section, “economic development” shall mean a use of a specific piece of property or properties which would provide an increase in the tax base, tax revenues, employment, and general economic health, and does not include the elimination of blighted, substandard, or unsanitary conditions, or conditions rendering the property or its surrounding area a conservation area as defined in section 99.805.
Cite this article: FindLaw.com - Missouri Revised Statutes Title XXXVI. Statutory Actions and Torts § 523.271. Exercise of eminent domain over private property for economic development purposes prohibited--definition - last updated January 01, 2025 | https://codes.findlaw.com/mo/title-xxxvi-statutory-actions-and-torts/mo-rev-st-523-271/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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