Eminent domain; costs for petition for distribution of funds, interest rate. (SB1404)

Introduced By

Sen. Chap Petersen (D-Fairfax)

Progress

Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Description

Eminent domain; costs for petition for distribution of funds; interest rate; recordation of certificate. Provides that the costs of filing a petition with the court for the distribution of the funds due pursuant to an eminent domain proceeding shall be taxed against the condemnor. The bill also provides that the interest rate on the funds represented by a certificate of deposit from the date of filing of the certificate until the funds are paid into the court shall not be less than the judgment rate of interest. Finally, the bill reorganizes for clarity the provisions governing what happens upon recordation of a certificate by the Commissioner of Highways in a condemnation proceeding. Amends § 25.1-310, of the Code of Virginia. Read the Bill »

Status

01/21/2019: In Committee

History

DateAction
01/08/2019Prefiled and ordered printed; offered 01/09/19 19102876D
01/08/2019Referred to Committee for Courts of Justice
01/14/2019Reported from Courts of Justice with amendments (10-Y 2-N 1-A) (see vote tally)
01/15/2019Constitutional reading dispensed (40-Y 0-N) (see vote tally)
01/16/2019Read second time
01/16/2019Reading of amendments waived
01/16/2019Committee amendments agreed to
01/16/2019Engrossed by Senate as amended SB1404E
01/16/2019Printed as engrossed 19102876D-E
01/17/2019Read third time and passed Senate (39-Y 1-N) (see vote tally)
01/21/2019Placed on Calendar
01/21/2019Read first time
01/21/2019Referred to Committee for Courts of Justice

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