Condemnation proceeding; interest on the amount of award. (SB1421)
Introduced By
Sen. Monty Mason (D-Williamsburg)
Progress
✓ |
Introduced |
✓ |
Passed Committee |
✓ |
Passed House |
✓ |
Passed Senate |
✓ |
Signed by Governor |
☐ |
Became Law |
Description
Interest on the amount of award; condemnation proceeding. Provides that, for condemnation proceedings involving the Commissioner of Highways, interest on an award that is greater or less than that which is deposited with the court shall accrue at a rate that is the greater of (i) the average monthly rate of interest established pursuant to 6621 (a)(2) of the Internal Revenue Code, computed from the month of such deposit to the date of payment into court, or (ii) the rate of interest established pursuant to 6621(a)(2) of the Internal Revenue Code, compiled by the Department of Transportation for the month in which the award is rendered. Read the Bill »
Outcome
Bill Has Passed
History
Date | Action |
---|---|
01/11/2017 | Presented and ordered printed 17103351D |
01/11/2017 | Referred to Committee on Transportation |
01/30/2017 | Rereferred from Transportation (11-Y 0-N) (see vote tally) |
01/30/2017 | Rereferred to Courts of Justice |
02/01/2017 | Reported from Courts of Justice with substitute (15-Y 0-N) (see vote tally) |
02/01/2017 | Committee substitute printed 17105079D-S1 |
02/03/2017 | Constitutional reading dispensed (39-Y 0-N) (see vote tally) |
02/06/2017 | Read second time |
02/06/2017 | Reading of substitute waived |
02/06/2017 | Committee substitute agreed to 17105079D-S1 |
02/06/2017 | Engrossed by Senate - committee substitute SB1421S1 |
02/06/2017 | Constitutional reading dispensed (40-Y 0-N) (see vote tally) |
02/06/2017 | Passed Senate (40-Y 0-N) (see vote tally) |
02/08/2017 | Placed on Calendar |
02/08/2017 | Read first time |
02/08/2017 | Referred to Committee for Courts of Justice |
02/08/2017 | Assigned Courts sub: Civil Law |
02/13/2017 | Subcommittee recommends reporting with amendment (8-Y 0-N) |
02/20/2017 | Reported from Courts of Justice with amendment (21-Y 0-N) (see vote tally) |
02/21/2017 | Read second time |
02/22/2017 | Read third time |
02/22/2017 | Committee amendment agreed to |
02/22/2017 | Engrossed by House as amended |
02/22/2017 | Passed House with amendment BLOCK VOTE (100-Y 0-N) |
02/22/2017 | VOTE: BLOCK VOTE PASSAGE (100-Y 0-N) (see vote tally) |
02/23/2017 | House amendment agreed to by Senate (40-Y 0-N) (see vote tally) |
03/07/2017 | Enrolled |
03/07/2017 | Bill text as passed Senate and House (SB1421ER) |
03/07/2017 | Signed by Speaker |
03/10/2017 | Signed by President |
03/13/2017 | Enrolled Bill Communicated to Governor on 3/13/17 |
03/13/2017 | G Governor's Action Deadline Midnight, March 27, 2017 |
03/24/2017 | G Approved by Governor-Chapter 710 (effective 7/1/17) |
03/24/2017 | G Acts of Assembly Chapter text (CHAP0710) |