The bill amends existing laws regarding municipal planning areas in Arkansas, specifically focusing on the requirements for notice and compensation to property owners affected by public use facilities or mapped streets. It stipulates that after a community facilities plan or master street plan is adopted, no private development can occur on land designated for public use until the relevant public authority has either refused in writing to negotiate a purchase option or has filed for condemnation. The public authority must provide this written refusal within one year of the property owner's request. If the authority fails to act within this timeframe, the land will be released from reservation, and the authority is required to compensate the property owner for any diminished value of the land during the reservation period.

Additionally, the bill enhances the notification process for public hearings related to planning commissions. It mandates that notice be sent via first-class mail to affected landowners, ensuring they have a reasonable opportunity to comment on proposed plans, ordinances, or regulations. This requirement is in addition to existing notification obligations to school districts and the publication of hearing notices in local newspapers. Overall, the bill aims to provide greater transparency and fairness in the municipal planning process, ensuring property owners are adequately informed and compensated for any impacts on their land.

Statutes affected:
HB 1448: 14-56-412(g), 14-56-422(1)