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SB 251 IN

Cause of action for business damages.

IN · session 2023 · Senate · bill

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Introduced Jan 10, 2023

Latest action (Jan 10, 2023) First reading: referred to Committee on Local Government

Summary

Provides that if a unit enacts an ordinance that causes a business's profit to decline by at least 15%, the business may bring an action for damages against the unit. Exempts certain ordinances and specifies which businesses may bring an action. Provides that a unit is not liable for damages if the unit repeals the ordinance, amends the ordinance in a manner that will not cause the business's profit to decline by at least 15%, or grants a waiver to the affected business.

Sponsor (1)

Action history (2)
  1. Jan 10, 2023 Authored by Senator Doriot · upper
  2. Jan 10, 2023 First reading: referred to Committee on Local Government · upper
Subjects
CIVIL ACTIONS, Liabilities and DamagesCIVIL ACTIONS, Statute of LimitationsCORPORATIONSLOCAL GOVERNMENTPARTNERSHIPSSMALL BUSINESSESSTATE GOVERNMENT

Text versions (1)

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.

  • Introduced Senate Bill (S) · Jan 10, 2023 · PDF

Full text

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