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Endangered Species Act
(redirected from Endangered Species Act of 1973)

   Also found in: Legal, Acronyms, Wikipedia 0.01 sec.
Endangered Species Act

A federal law originally intended to protect endangered species on federal land, but expanded to include protections wherever found, including private property.The existence of a protected species on one's land may prevent development or dramatically increase the expenses.This is not considered a condemnation,so there is no government compensation.



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Listed as endangered in 1967, even before the passing of the Endangered Species Act of 1973, the black-footed ferret is considered by many to be the rarest land mammal in North America today.
California's building industry -- already buffeted by the state's worst post-war recession, tight credit and tough environmental standards -- could be in for some more bad news this year because new Secretary of the Interior Bruce Babbitt will review and likely beef up the Endangered Species Act of 1973, according to government and private industry sources.
The premise is that the Endangered Species Act of 1973 is not really saving endangered species.
 
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