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2011 SESSION

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HB 1693 Eminent domain; changes maximum limit on waiver of appraisals.

Introduced by: Clifford L. Athey, Jr. | all patrons    ...    notes | add to my profiles

SUMMARY AS PASSED HOUSE: (all summaries)

Eminent domain; waiver of appraisal. Changes the maximum property value subject to waiver of appraisals for real property being acquired by a state agency from $10,000 to $25,000, consistent with the amount allowed by federal regulations. If the value of the property is determined to be between $10,000 and $25,000, the state agency shall disclose that the valuation was not based on an appraisal and that the property owner may request that an appraisal be made.


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