IN SB0155 | 2024 | Regular Session

Status

Spectrum: Partisan Bill (Republican 5-0)
Status: Introduced on January 8 2024 - 25% progression
Action: 2024-01-25 - Senators Bohacek, Tomes, Dernulc added as coauthors
Pending: Senate Tax and Fiscal Policy Committee
Text: Latest bill text (Comm Sub) [PDF]

Summary

Compensation for business losses. Provides that a person operating a business on a property may be compensated for business losses resulting from a condemnation of the property. Provides that a municipality may not acquire property using an alternative condemnation procedure if the municipality is notified of the person's intent to claim compensation for business losses.

Tracking Information

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Title

Compensation for business losses.

Sponsors


History

DateChamberAction
2024-01-25SenateSenators Bohacek, Tomes, Dernulc added as coauthors
2024-01-25SenateSenator Niemeyer added as second author
2024-01-18SenateCommittee report: do pass adopted; reassigned to Committee on Tax and Fiscal Policy
2024-01-08SenateFirst reading: referred to Committee on Local Government
2024-01-08SenateAuthored by Senator Buck

Indiana State Sources


Bill Comments

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