Federal Declaration of Taking Act of 1931

Federal Declaration of Taking Act of 1931 is a federal statute granting the American federal government power to acquire private land for public use purposes in the United States. The "Takings Clause" defines private land as eminent domain meaning United States government entity is obligated the award of "just compensation" to a property owner relinquishing private property for public use purposes.
The 71st Congressional session codified the regulatory taking clause of the constitutional law with the passage of the H.R. 14255 bill. The legislation was enacted into law by the 31st President of the United States Herbert Hoover on February 26, 1931.
Provisions of the Act.
The public property acquisition act was penned as five sections facilitating the transfer of private property appropriated for public use purposes in the continental United States.