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SB 216 IN

Eminent domain.

IN · session 2026 · Senate · bill

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Introduced Jan 8, 2026

Latest action (Jan 15, 2026) Committee report: amend do pass adopted; reassigned to Committee on Appropriations

Summary

Provides that if a unit of local government (unit) provides forgivable loans, the unit must (as a condition of providing forgivable loans) require that a person operating a business on a property may be entitled to compensation for business losses resulting from a condemnation of the property.

Sponsors (2)

Action history (3)
  1. Jan 8, 2026 Authored by Senators Buck, Niemeyer · upper
  2. Jan 8, 2026 First reading: referred to Committee on Local Government · upper
  3. Jan 15, 2026 Committee report: amend do pass adopted; reassigned to Committee on Appropriations · upper
Subjects
BUSINESS ORGANIZATIONS AND ASSOCIATIONS; GenerallyFINANCIAL SERVICES; Loans and MortgagesLOCAL GOVERNMENT; GenerallyPROPERTY; Abandoned or Unclaimed PropertyPROPERTY; Eminent DomainPROPERTY; Generally

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