Taft signed the bill into law Wednesday afternoon. The moratorium is in place until Dec. 31, 2006.
The law halts any community from taking private property without the owner's consent if the property is to be used as part of a development project. The law also establishes a task force to study eminent domain and its application in Ohio.
The law is in response to an earlier U.S. Supreme Court decision, Kelo v. New London, which upheld the right of local governments to seize property through eminent domain for use in a private development.
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