Bill Text: TX SB741 | 2017-2018 | 85th Legislature | Introduced
Bill Title: Relating to compensation to a property owner for property acquired by an entity with eminent domain authority.
Spectrum: Partisan Bill (Republican 2-0)
Status: (Introduced - Dead) 2017-02-21 - Referred to State Affairs [SB741 Detail]
Download: Texas-2017-SB741-Introduced.html
85R4646 BEE-F | ||
By: Kolkhorst | S.B. No. 741 |
|
||
|
||
relating to compensation to a property owner for property acquired | ||
by an entity with eminent domain authority. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Section 21.0113, Property Code, is amended by | ||
adding Subsection (c) to read as follows: | ||
(c) For purposes of this section, a bona fide offer may | ||
include compensation to the property owner in the form of a royalty | ||
or percentage of the net profits generated from the project | ||
necessitating the acquisition. | ||
SECTION 2. Section 21.041, Property Code, is amended to | ||
read as follows: | ||
Sec. 21.041. EVIDENCE. (a) 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; [ |
||
(4) the use of the property for the purpose of the | ||
condemnation; and | ||
(5) the value of any compensation described by Section | ||
21.0113(c) that the condemning entity has offered the property | ||
owner in connection with the proposed condemnation. | ||
(b) The special commissioners may admit evidence on the | ||
price paid for pipeline or power line rights-of-way in privately | ||
negotiated transactions made in the absence of a potential, actual, | ||
or threatened condemnation. | ||
SECTION 3. (a) Except as provided by Subsection (b) of this | ||
section, Sections 21.0113 and 21.041, Property Code, as amended by | ||
this Act, apply only to the acquisition of real property in | ||
connection with an initial offer made under Section 21.0113, | ||
Property Code, on or after the effective date of this Act. An | ||
acquisition of real property in connection with an initial offer | ||
made under Section 21.0113, Property Code, before the effective | ||
date of this Act is governed by the law applicable to the | ||
acquisition immediately before the effective date of this Act, and | ||
that law is continued in effect for that purpose. | ||
(b) Section 21.041(b), Property Code, as added by this Act, | ||
applies only to an eminent domain proceeding commenced on or after | ||
the effective date of this Act. An eminent domain proceeding | ||
commenced before the effective date of this Act is governed by the | ||
law applicable to the proceeding immediately before the effective | ||
date of this Act, and that law is continued in effect for that | ||
purpose. | ||
SECTION 4. This Act takes effect September 1, 2017. |