An impact fee is a one-time payment levied onto a property developer by a local government meant to offset the new development's impact on public infrastructure.
U.S. Supreme Court Ruling Empowers Developers and Property Owners to Challenge Excessive or Unjustified Impact Fees
The recent U.S. Supreme Court ruling in Sheetz v. County of El Dorado will cause many local governments to revisit the defensibility of their impact fee regimes.
By
Mark Grafton
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