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OK HB2154
Bill
Status
2/4/2013
Primary Sponsor
Mark McBride
Click for details
AI Summary
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Amends 27 O.S. 2011, Section 16 regarding just compensation for property taken through eminent domain.
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Requires that when both private and government-owned property are being acquired in the same project, the entity exercising eminent domain must offer at least equivalent terms for the privately-owned property as offered for the government-owned property.
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Maintains existing definition of "just compensation" as the value of property taken plus any injury to remaining property, with special benefits offsetting only against injuries to remaining property.
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Becomes effective November 1, 2013.
Legislative Description
Eminent domain; requiring a minimum of equivalent terms when private and public property are being acquired for the same project; effective date.
Government
Last Action
Coauthored by Representative(s) Hickman
2/20/2013