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

Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
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. Read the Bill »

Outcome

Bill Has Passed

History

DateAction
01/11/2012Prefiled and ordered printed; offered 01/11/12
01/11/2012Prefiled and ordered printed; offered 01/11/12 12103656D
01/11/2012Referred to Committee for Courts of Justice
02/01/2012Impact statement from DPB (SB437)
02/08/2012Reported from Courts of Justice with substitute (8-Y 7-N) (see vote tally)
02/08/2012Committee substitute printed 12105271D-S1
02/10/2012Constitutional reading dispensed (39-Y 0-N) (see vote tally)
02/13/2012Read second time
02/13/2012Reading of substitute waived
02/13/2012Committee substitute agreed to 12105271D-S1
02/13/2012Reading of amendment waived
02/13/2012Amendment by Senator Stuart rejected
02/13/2012Motion to rerefer to committee rejected (20-Y 20-N) (see vote tally)
02/13/2012Chair votes No
02/13/2012Engrossed by Senate - committee substitute SB437S1
02/14/2012Read third time and passed Senate (23-Y 17-N) (see vote tally)
02/16/2012Placed on Calendar
02/16/2012Read first time
02/16/2012Referred to Committee for Courts of Justice
02/22/2012Impact statement from DPB (SB437S1)
03/02/2012Reported from Courts of Justice with amendments (15-Y 3-N) (see vote tally)
03/06/2012Read second time
03/07/2012Read third time
03/07/2012Committee amendments agreed to
03/07/2012Engrossed by House as amended
03/07/2012Passed House with amendments (82-Y 16-N)
03/07/2012VOTE: PASSAGE (82-Y 16-N) (see vote tally)
03/08/2012House amendments agreed to by Senate (27-Y 12-N) (see vote tally)
03/09/2012Enrolled
03/09/2012Bill text as passed Senate and House (SB437ER)
03/09/2012Signed by Speaker
03/10/2012Signed by President
03/13/2012Impact statement from DPB (SB437ER)
04/09/2012G Approved by Governor-Chapter 719 (effective - see bill)
04/09/2012G Acts of Assembly Chapter text (CHAP0719)

Video

This bill was discussed on the floor of the General Assembly. Below is all of the video that we have of that discussion, 2 clips in all, totaling 13 minutes.

Duplicate Bills

The following bills are identical to this one: HB597 and HB1035.