Indiana Senate Bill 222 (Prior Session Legislation)

---

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 6 2016 - 25% progression, died in committee
Action: 2016-01-06 - First reading: referred to Committee on Civil Law
Pending: Senate Civil Law Committee
Text: Latest bill text (Introduced) [PDF]

State university use of eminent domain. Provides that before a state supported college or university may acquire property that contains an operating business (other than a business that primarily consists of renting residential property) 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

State university use of eminent domain. Provides that before a state supported college or university may acquire property that contains an operating business (other than a business that primarily consists of renting residential property) 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

Sen. Doug Eckerty [R]

Date	Chamber	Action
2016-01-06	Senate	First reading: referred to Committee on Civil Law
2016-01-06	Senate	Authored by Senator Eckerty

Type	Source
Summary	https://iga.in.gov/legislative/2016/bills/senate/222/details
Text	http://iga.in.gov/static-documents/1/b/9/8/1b986d96/SB0222.01.INTR.pdf