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ID H0620

Bill

Official Source

Status

Introduced

3/11/2014

Primary Sponsor

Ways and Means Committee

Click for details

Origin

House of Representatives

2014 Regular Session

AI Summary

  • Amends Chapter 7, Title 7, Idaho Code by adding new Section 7-722 regarding prejudgment interest in condemnation cases
  • Establishes the legal rate of interest in condemnation cases at 12 cents per hundred dollars per year (0.12% annually)
  • Applies to prejudgment interest owed to property owners in eminent domain proceedings
  • Introduced by the Ways and Means Committee during the 2014 second regular session

Legislative Description

Adds to existing law to establish provisions relating to prejudgment interest.

EMINENT DOMAIN

Last Action

Reported Printed and Referred to Business

3/11/2014

Committee Referrals

Business3/11/2014

Full Bill Text

No bill text available