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AR HB1667
Bill
Status
3/29/2017
Primary Sponsor
Rick Beck
Click for details
AI Summary
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Requires entities to make a written good faith offer to buy private property before initiating a condemnation proceeding under Arkansas Code § 18-15-103(b)(6).
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Entitles property owners to recover costs, expenses, and reasonable attorney's fees in condemnation proceedings if the compensation ultimately awarded exceeds the condemning entity's written good faith offer.
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Changes the trigger for attorney's fees awards from the initial assessment of just compensation to the condemning entity's written good faith offer required before condemnation proceedings.
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Includes expert fees and appraisal costs in recoverable attorney's fees when the final award exceeds the written good faith offer by 20% or more.
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Bill was approved on March 28, 2017.
Legislative Description
To Amend The Law Concerning A Property Owner's Bill Of Rights.
Last Action
Notification that HB1667 is now Act 731
3/29/2017