SB0155

Compensation for business losses.

Latest bill text (Comm Sub) [PDF]

Summary

Compensation for business losses. Provides that a person operating a business on a property may be compensated for business losses resulting from a condemnation of the property. Provides that a municipality may not acquire property using an alternative condemnation procedure if the municipality is notified of the person's intent to claim compensation for business losses.

Authors

Authored by Senator Buck

Fiscal Outlook

Title Description Date View
Fiscal NoteFiscal Note #1: Senate Comm Sub2024-01-19 Click To View
Committee ReportSenate Committee Report2024-01-18 Click To View
Vote SheetVote Sheet January 18, 20242024-01-18 Click To View
Fiscal NoteFiscal Note #1: Introduced2024-01-08 Click To View

History

Date Chamber Action
2024-01-25SenateSenators Bohacek, Tomes, Dernulc added as coauthors
2024-01-25SenateSenator Niemeyer added as second author
2024-01-18SenateCommittee report: do pass adopted; reassigned to Committee on Tax and Fiscal Policy
2024-01-08SenateFirst reading: referred to Committee on Local Government
2024-01-08SenateAuthored by Senator Buck