Eminent Domain Legislation Defeats

New Mexico and Missouri both had their legislation rejected. NM by the governor and MI by the house.

Governor Richardson has vetoed eminent domain legislation.

The measure was intended to prevent state and local governments from using their powers to take property for private development projects.

Richardson said yesterday a number of community officials opposed the measure.

He says the legislation would bring New Mexicans more harm than good.

and

The House overwhelmingly rejected an amendment that would have banned the use of eminent domain for taxpayer-funded developments by private developers.

By a vote of 129-26, the House rejected the amendment, which had been offered to a broader bill imposing restrictions on a program that provides tax breaks for private developers, called tax increment financing.

That's a touch depressing.

H/T SayUncle