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Measures Are Losing Initiative Only Two Appear Headed For November Ballot

This sidebar appeared with the story: REFERENDUM Proponents of Referendum 48 have until July 21 to gather signatures. If they fail, the property rights measure becomes law. It requires taxpayers to pay property owners for any loss in their property value caused by regulations adopted for public benefit. The initiative makes taxpayers foot the bill for traffic studies, maps and other studies required to review development projects. It also would require a comprehensive economic analysis, conducted at taxpayers’ expense, of any new regulation.

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