“The mile of new land in Kapoho Bay is now owned by the state”
Screw that. I’d be checking my deed to see if it says things like “bounded by the shore...”.
Theres already been court cases about this. Property lines remain the same. New land is the states. Now if a volcano put out diamonds and gold that buried your house it would be some compensation.
No, that issue was settled long ago for precisely that reason. State land.