Political Quotes

William Tauzin: No, contractual changes are not. Agreements are not. It is only when the Government mandates a change, a regulation…

On the recordMarch 2, 1995
No, contractual changes are not. Agreements are not. It is only when the Government mandates a change, a regulation, that diminishes the value or subtracts from the property right that triggers the action for an arbitration and compensation under the bill.
Said by
William Tauzin
Republican · Louisiana

Editor's note · Context

Discussing the conditions under which government actions trigger arbitration and compensation.

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