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tance with environmental regulation. Writing for the Court, Chief Justice Rehnquist stated, "We see no reason why the Takings Clause of the Fifth Amendment, as much a part of the Bill of Rights as the First or Fourth Amendment, should be relegated to the status of a poor relation."

Opponent of this legislation point say that the protections for property owners already exist in the Constitution and that this legislation is duplicative and unnecessary. However, we do not feel that small property owners should be subjected to years of costly litigation to protect what are their basic constitutional rights. By providing alternative disputes resolution and expedited administrative appeal for property rights cases. S. 605 will level the playing field for property owners and place the burden for justifying takings back where it belongs, on the federal government. The National Association of Realtors® strongly support S. 605 and urges the Judiciary Committee to take action this year on this vital legislation.

26-529 (408)

ISBN 0-16-052998-0

90000

9 780160 529986

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