“Mainly”? Hmm. The proposition makes Eminent Domain seizures for private development a no-no. Then it has to discuss what “just compensation” is for issues dealing with property seized for public use, and for property effected by new changes in statutes. (Zoning/dezoning, for example.)
No. It’s the states job to assess a properties tax value, and send the owner a statement (and tax bill) to that affect. It is not up to the property owner to be aware of all public improvements in the general area, and guesstimate what that difference means in taxes, and cut a check. The burden is on the Gov for that.
If a developer got a permit to build 500 homes in an area, then later the local gov says “Nevermind. Make that 250.” Than probably, yes. It seems that the local gov better put some thought into zoning when they issue permits…
But if a developer got a permit to build 250 homes, he can’t sue claiming that he feels he should have been allowed to build 500.