IN SB0054 | 2012 | Regular Session

Status

Spectrum: Partisan Bill (Republican 22-0)
Status: Engrossed on January 26 2012 - 50% progression, died in committee
Action: 2012-01-31 - First reading: referred to Committee on Judiciary
Pending: House Judiciary Committee
Text: Latest bill text (Amended) [HTML]

Summary

Provides that before a state supported college or university may acquire property that contains an operating business through the use of eminent domain, the college or university must pay to the owner of the property: (1) the fair market value of the real property and all improvements pertaining to the real property; and (2) compensation for the loss of the value of the business as a going concern, unless the college or university establishes that the loss of the value of the business as a going concern is not caused by the taking of the property or by injury to the owner's remaining property, or that the loss of the value of the business as a going concern can be reasonably prevented or mitigated by relocating the business or trade in the same or a similar and reasonably suitable location. Specifies that the compensation required does not include any compensation for a loss to the value of the business as a going concern that: (1) is mitigated by relocating the business or trade in the same or a similar and reasonably suitable location; or (2) could be prevented if the owner of the property takes the actions and adopts the policies that a reasonable prudent person of a similar age and under similar conditions as the owner would take and adopt in preserving the value of the business as a going concern.

Tracking Information

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Title

State university use of eminent domain.

Sponsors


Roll Calls

2012-01-26 - Senate - Senate - Third reading: passed (Y: 34 N: 13 NV: 1 Abs: 2) [PASS]
2012-01-24 - Senate - Senate - Amendment 1 (Taylor), failed (Y: 9 N: 40 NV: 1 Abs: 0) [FAIL]

History

DateChamberAction
2012-01-31 First reading: referred to Committee on Judiciary
2012-01-26 Cosponsor: Rep. Mahan
2012-01-26 House sponsor: Rep. Wolkins
2012-01-26 Referred to the House
2012-01-26 Third reading: passed; Roll Call 81: yeas 34 and nays 13
2012-01-24 Amendment 1 (Taylor), failed; Roll Call 53: yeas 9, nays 40
2012-01-24 Amendment 2 (Tallian), failed; voice vote
2012-01-24 Second reading: ordered engrossed
2012-01-23 Senators Lawson, Bray and M. Young added as coauthors
2012-01-23 Senator Head added as second author
2012-01-23 Senator Head removed as coauthor
2012-01-20 Senator Miller added as coauthor
2012-01-19 Senators Banks and Kruse added as coauthors
2012-01-19 Committee report: amend do pass, adopted
2012-01-17 Senator Steele added as coauthor
2012-01-17 Senators Tomes, Boots, Holdman, Charbonneau and Smith added as coauthors
2012-01-17 Senators Gard, Delph and Schneider added as coauthors
2012-01-12 Pursuant to Senate Rule 68(b); reassigned to Committee on Appropriations
2012-01-12 Committee report: amend do pass, adopted
2012-01-04 Senator Head added as coauthor
2012-01-04 First reading: referred to Committee on Corrections, Criminal, and Civil Matters
2012-01-04 Authored by Senator Eckerty

Indiana State Sources


Bill Comments

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