Eminent domain; costs for petition for distribution of funds, interest rate. (SB31)

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. Read the Bill »

Status

11/18/2019: Awaiting a Vote in the Courts of Justice Committee

History

DateAction
11/18/2019Prefiled and ordered printed; offered 01/08/20 20100604D
11/18/2019Referred to Committee for Courts of Justice

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