Bill Text: TX SB2147 | 2019-2020 | 86th Legislature | Introduced

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Bill Title: Relating to the development of a method to determine the value of certain real property for purposes of eminent domain.

Sponsorship: Partisan Bill (Democrat 1)

Status: (Introduced - Dead) 2019-03-21 - Referred to State Affairs [SB2147 Detail]

Download: Texas-2019-SB2147-Introduced.html

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86R12865 PMO-D
By: Zaffirini S.B. No. 2147

A BILL TO BE ENTITLED
AN ACT
relating to the development of a method to determine the value of
certain real property for purposes of eminent domain.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Chapter 12, Agriculture Code, is amended by
adding Section 12.049 to read as follows:
Sec. 12.049. VALUATION OF CERTAIN INVESTMENTS IN LAND. (a)
For purposes of determining the value of property in an eminent
domain proceeding under Chapter 21, Property Code, the department
shall develop a method an appraiser may use to assess the value of
investments made in a property owner's real property in an effort to
meet soil, water, or air quality standards established by a state or
federal certification process.
(b) The method developed under Subsection (a) must provide
an objective means to quantify any enhancement in the value of real
property that results from an investment described by Subsection
(a).
SECTION 2. Section 21.041, Property Code, is amended to
read as follows:
Sec. 21.041. EVIDENCE. As the basis for assessing actual
damages to a property owner from a condemnation, the special
commissioners shall admit evidence on:
(1) the value of the property being condemned;
(2) the injury to the property owner;
(3) the benefit to the property owner's remaining
property; [and]
(4) the use of the property for the purpose of the
condemnation; and
(5) the enhanced value of the property resulting from
investments described by Section 12.049, Agriculture Code.
SECTION 3. This Act takes effect September 1, 2019.