Cantor Statement on Passage of Private Property Rights Protection Act
November 3, 2005
Washington, D.C. - Chief Deputy Majority Whip Eric Cantor (R-VA) released the following statement today after House passage of the Private Property Rights Protection Act (H.R. 4128):
"There is nothing more fundamental to our economy than the protection of private property rights. Our economy and the system of government on which our country was founded depends on that principle.
"The Supreme Court's Kelo decision allowed a vast and inappropriate expansion of government power, and, as a member of Congress, I was determined to right this wrong.
"The Kelo decision gives state and local governments the authority to take private property from one person and give it to another under the guise of economic development. While this is a laudable goal, government should not be empowered to take private property to accomplish it.
"With this legislation, state and local governments that take private property for another private use will lose federal economic development funding. State and local governments should understand that the right to private property is a sacred right that must be protected."