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SB 22-208 CO
Became Law

Condemned Conservation Easement Property Compensation

CO · session 2022A · Senate · bill

A state bill is a proposed law in a state legislature — separate from the U.S. Congress. Learn more →

Introduced Apr 18, 2022

Latest action (Jun 7, 2022) Introduced In Senate - Assigned to Finance

Summary

The act specifies that if property encumbered by a conservation easement in gross is condemned through an eminent domain proceeding, and, as a result of the condemnation, the condemning authority is acquiring such property free and clear of the conservation easement interest or subordinating the deed of conservation easement to such acquired property interest, just compensation must be determined based on the value of the property as if unencumbered by the conservation easement in gross. The compensation must be allocated between the fee owner and the holder of the conservation easement based upon the value of their respective interests in the property. (Note: This summary applies to this bill as enacted.)

Sponsors (4)

Action history (14)

  1. Jun 7, 2022 Governor Signed · executive
  2. May 18, 2022 Sent to the Governor · executive
  3. May 18, 2022 Signed by the Speaker of the House · lower
  4. May 18, 2022 Signed by the President of the Senate · upper
  5. May 9, 2022 Senate Considered House Amendments - Result was to Concur - Repass · upper
  6. May 6, 2022 House Third Reading Passed with Amendments - Floor · lower
  7. May 4, 2022 House Third Reading Laid Over Daily - No Amendments · lower
  8. May 3, 2022 House Second Reading Special Order - Passed with Amendments - Committee, Floor · lower
  9. May 2, 2022 House Committee on Finance Refer Amended to House Committee of the Whole · lower
  10. Apr 27, 2022 Introduced In House - Assigned to Finance · lower
  11. Apr 27, 2022 Senate Third Reading Passed - No Amendments · upper
  12. Apr 26, 2022 Senate Second Reading Special Order - Passed - No Amendments · upper
  13. Apr 25, 2022 Senate Committee on Finance Refer Unamended - Consent Calendar to Senate Committee of the Whole · upper
  14. Apr 18, 2022 Introduced In Senate - Assigned to Finance · upper

Text versions (9)

The published texts of this bill as it moves through the legislature. Each links to the official document on the state legislature site. Data from OpenStates.

  • Signed Act (06/07/2022) · PDF
  • Final Act (05/18/2022) · PDF
  • Rerevised (05/06/2022) · PDF
  • Revised (05/03/2022) · PDF
  • Reengrossed (04/27/2022) · PDF
  • Engrossed (04/26/2022) · PDF
  • Introduced (04/18/2022) · PDF
  • PA1 (05/03/2022) · PDF
  • Committee Amendment · PDF

Full text

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Data from OpenStates. View on OpenStates →