Paying for economic damage: proposed Amendment 74 ensures that state and local governments that cause reduction in private property value must pay for what they take
Colorado’s Proposition 112—the proposed mandatory 2,500-foot setback for new oil and gas development—has been getting the bulk of the attention in the energy industry. But there is another ballot proposal that would affect mineral owners and could turn the State of Colorado on its ear.

Amendment 74 is a proposed constitutional amendment on the 2018 ballot that could affect all private property owners, including owners of minerals and undeveloped oil and gas.

Amendment 74 proposes amending the Colorado Constitution to require the state or a local government to compensate ...

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