State Rep. Lindsay Parkhurst, R-Kankakee, has introduced a bill in the state Legislature that would restrict the use of eminent domain.Eminent domain is the legal name for the process that occurs when the government seizes your land. In turn, you get paid "just compensation." But when it comes to something you own, there are two ways of valuing it.
The first is an objective valuation based upon the legal assessment of your property.
There also is an emotional attachment to what you own. Maybe it was a home you built on your own. Maybe it was the home where you were born. Maybe an older or ill person lives there, and it would not be easy for them to move. Maybe you don't want to sell at any price. Read more.