OK SB1835

Redefines "just compensation" for eminent domain takings as the greater of 150% of fair market value OR the amount needed to purchase a comparable replacement property within the same community

Defines "comparable replacement property" as similar in size, location, use, utility, access, zoning, and improvements; if unavailable locally, compensation must cover a similar property in the nearest comparable community

Restricts benefit offsets against property damage to only specific, direct, measurable benefits proven by preponderance of evidence; prohibits consideration of general, speculative, or community-wide benefits

Prohibits reducing fair market value due to project influence, pre-condemnation activity, threatened condemnation, or diminution caused by the proposed public improvement

Bars acquiring agencies from waiving or reducing compensation standards and prohibits requiring property owners to waive protections as a condition of negotiation or settlement; effective November 1, 2026