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2004 SESSION

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047620784
SENATE BILL NO. 301 Offered January 14, 2004 Prefiled January 14, 2004 A BILL to amend the Code of Virginia by adding in Chapter 1 of Title 25.1 a section numbered 25.1-107, relating to eminent domain. ---------- Patron-- O'Brien ---------- Referred to Committee for Courts of Justice ----------

Be it enacted by the General Assembly of Virginia:

1. That the Code of Virginia is amended by adding in Chapter 1 of Title 25.1 a section numbered 25.1-107 as follows:

§ 25.1-107. Condemned property must be put to public use within 10 years.

Within 10 years of the date of entry of the final order, any property taken by condemnation under this title shall be put to the public use for which the property was taken as stated in the final order of condemnation. If such property has not been so used within 10 years of the date of entry of the final order, it shall be offered for sale at fair market value to the person who held title to the property and received compensation at the time of condemnation. If such person refuses to purchase the property, it shall be offered for sale at public auction.