Just Compensation Act of 2023

This bill requires the U.S. federal government to pay property owners 150% of fair market value when taking private property for public projects using eminent domain. It directly affects property owners whose land is seized by federal agencies or the President. Key provisions ban the federal government from delegating eminent domain power to private companies and mandate detailed annual reports from the Attorney General on all federal eminent domain actions, including locations, public uses, and compensation amounts. The bill does not create new funding for implementation.