Eminent domain; definitions of lost access and lost profits, determining compensation. (SB437)
Introduced By
Sen. Mark Obenshain (R-Harrisonburg) with support from co-patron Sen. Steve Newman (R-Forest)
Progress
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Introduced |
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Passed Committee |
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Passed House |
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Passed Senate |
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Signed by Governor |
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Became Law |
Description
Eminent domain; lost profits and access. Provides definitions for the terms "lost profits" and "lost access" and how to determine the amount of just compensation, which includes lost profits and lost access resulting from the taking, that must be paid for property taken by eminent domain. The bill has a contingent effective date of January 1, 2013, provided that the voters approve an amendment to Section 11 of Article I of the Constitution of Virginia at the 2012 November election. Amends § 25.1-100, § 25.1-400, of the Code of Virginia. View Full Text »
Outcome
Bill Has Passed
History
- 01/11/2012 Prefiled and ordered printed; offered 01/11/12
- 01/11/2012 Prefiled and ordered printed; offered 01/11/12 12103656D
- 01/11/2012 Referred to Committee for Courts of Justice
- 02/01/2012 Impact statement from DPB (SB437)
- 02/08/2012 Reported from Courts of Justice with substitute (8-Y 7-N) (see vote tally)
- 02/08/2012 Committee substitute printed 12105271D-S1
- 02/10/2012 Constitutional reading dispensed (39-Y 0-N) (see vote tally)
- 02/13/2012 Read second time
- 02/13/2012 Reading of substitute waived
- 02/13/2012 Committee substitute agreed to 12105271D-S1
- 02/13/2012 Reading of amendment waived
- 02/13/2012 Amendment by Senator Stuart rejected
- 02/13/2012 Motion to rerefer to committee rejected (20-Y 20-N) (see vote tally)
- 02/13/2012 Chair votes No
- 02/13/2012 Engrossed by Senate - committee substitute SB437S1
- 02/14/2012 Read third time and passed Senate (23-Y 17-N) (see vote tally)
- 02/16/2012 Placed on Calendar
- 02/16/2012 Read first time
- 02/16/2012 Referred to Committee for Courts of Justice
- 02/22/2012 Impact statement from DPB (SB437S1)
- 03/02/2012 Reported from Courts of Justice with amendments (15-Y 3-N) (see vote tally)
- 03/06/2012 Read second time
- 03/07/2012 Read third time
- 03/07/2012 Committee amendments agreed to
- 03/07/2012 Engrossed by House as amended
- 03/07/2012 Passed House with amendments (82-Y 16-N)
- 03/07/2012 VOTE: PASSAGE (82-Y 16-N) (see vote tally)
- 03/08/2012 House amendments agreed to by Senate (27-Y 12-N) (see vote tally)
- 03/09/2012 Enrolled
- 03/09/2012 Bill text as passed Senate and House (SB437ER)
- 03/09/2012 Signed by Speaker
- 03/10/2012 Signed by President
- 03/13/2012 Impact statement from DPB (SB437ER)
- 04/09/2012 G Approved by Governor-Chapter 719 (effective - see bill)
- 04/09/2012 G Acts of Assembly Chapter text (CHAP0719)