IN SB0128 | 2025 | Regular Session

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 8 2025 - 25% progression
Action: 2025-01-08 - First reading: referred to Committee on Local Government
Pending: Senate Local Government Committee
Text: Latest bill text (Introduced) [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
2025-01-08SenateFirst reading: referred to Committee on Local Government
2025-01-08SenateAuthored by Senator Buck

Indiana State Sources


Bill Comments

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