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2012 SESSION
SB 437 Eminent domain; definitions of lost access and lost profits, determining compensation.
Introduced by: Mark D. Obenshain | all patrons ... notes | add to my profiles
SUMMARY AS PASSED: (all summaries)
Eminent domain; lost profits and access. Provides definitions for the terms "lost profits" and "lost access" and how to determine the amount of just compensation, which includes lost profits and lost access resulting from the taking, that must be paid for property taken by eminent domain. The bill has a contingent effective date of January 1, 2013, provided that the voters approve an amendment to Section 11 of Article I of the Constitution of Virginia at the November 2012 election. This bill is identical to HB 1035.
FULL TEXT
- 01/11/12 Senate: Prefiled and ordered printed; offered 01/11/12 12103656D pdf | impact statement
- 02/08/12 Senate: Committee substitute printed 12105271D-S1 pdf | impact statement
- 03/09/12 Senate: Bill text as passed Senate and House (SB437ER) pdf | impact statement
- 04/09/12 Governor: Acts of Assembly Chapter text (CHAP0719) pdf
AMENDMENTS
HISTORY
- 01/11/12 Senate: Prefiled and ordered printed; offered 01/11/12 12103656D
- 01/11/12 Senate: Referred to Committee for Courts of Justice
- 02/08/12 Senate: Reported from Courts of Justice with substitute (8-Y 7-N)
- 02/08/12 Senate: Committee substitute printed 12105271D-S1
- 02/10/12 Senate: Constitutional reading dispensed (39-Y 0-N)
- 02/13/12 Senate: Read second time
- 02/13/12 Senate: Reading of substitute waived
- 02/13/12 Senate: Committee substitute agreed to 12105271D-S1
- 02/13/12 Senate: Reading of amendment waived
- 02/13/12 Senate: Amendment by Senator Stuart rejected
- 02/13/12 Senate: Motion to rerefer to committee rejected (20-Y 20-N)
- 02/13/12 Senate: Chair votes No
- 02/13/12 Senate: Engrossed by Senate - committee substitute SB437S1
- 02/14/12 Senate: Read third time and passed Senate (23-Y 17-N)
- 02/16/12 House: Placed on Calendar
- 02/16/12 House: Read first time
- 02/16/12 House: Referred to Committee for Courts of Justice
- 03/02/12 House: Reported from Courts of Justice with amendments (15-Y 3-N)
- 03/06/12 House: Read second time
- 03/07/12 House: Read third time
- 03/07/12 House: Committee amendments agreed to
- 03/07/12 House: Engrossed by House as amended
- 03/07/12 House: Passed House with amendments (82-Y 16-N)
- 03/07/12 House: VOTE: PASSAGE (82-Y 16-N)
- 03/08/12 Senate: House amendments agreed to by Senate (27-Y 12-N)
- 03/09/12 Senate: Enrolled
- 03/09/12 Senate: Bill text as passed Senate and House (SB437ER)
- 03/09/12 House: Signed by Speaker
- 03/10/12 Senate: Signed by President
- 04/09/12 Governor: Approved by Governor-Chapter 719 (effective - see bill)
- 04/09/12 Governor: Acts of Assembly Chapter text (CHAP0719)