Which of the following statements is true about Ballot Measure 37?
A) It was passed in the state of Florida.
B) It applies to property owners of all the states in the country.
C) It requires the government to either exempt the property from the rules or compensate for losses.
D) It provides compensation to property owners only after a 50 percent reduction in the property's value is seen due to new regulations.

Question

Quizplus · Accepted Answer

Ballot Measure 37 was passed in the state of Oregon in 2004. It requires the government to either exempt the property from the rules or compensate for losses if the new regulations reduce the value of the property. It does not apply to property owners of all states in the country, nor does it provide compensation only after a 50 percent reduction in property value.

Which of the Following Statements Is True About Ballot Measure