Senate Sponsors: BURZYNSKI-SIEBEN. Short description: REGULATORY IMPACTS ACT Synopsis of Bill as introduced: Creates the Regulatory Impacts Act. Allows the owner of property to sue the State or any unit of local government or school district when the application of any statute, rule, guideline, or policy or the denial of any permit, license, authorization, or government permission causes the property to diminish in value by 50% or more. Provides the owner may recover an amount equal to the diminution in value. Allows any person who has an interest that is or may be adversely affected by a statute, rule, guideline, or policy or any provision or condition of a permit, license, authorization, or governmental permission to bring a civil action to invalidate the statute, rule, guideline, or policy or provision or condition of the permit, license, authorization, or governmental permission. Allows the court to award costs, including attorneys' fees, to a prevailing plaintiff. Last action on Bill: SESSION SINE DIE Last action date: 99-01-12 Location: Senate Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 0 END OF INQUIRY Full Text Bill Status