HB 421 VA Introduced
Eminent domain; condemnation of public waterworks systems, determination of lost profits.
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Summary
Eminent domain; condemnation of public waterworks systems; determination of lost profits. Requires the body determining just compensation in a condemnation proceeding initiated by a locality for the taking of a waterworks system to consider in its determination of lost profits the difference between the rates, fees, and charges for water service provided by (i) the condemning locality or authority and (ii) the owner on the date of valuation. The bill requires, upon the petition of any party or upon the request of the court, that such determination of lost profits be commensurately reduced to the extent that the body determining just compensation and the court find to be just and reasonable.
Sponsor (1)
- Nicole Cole Democratic · primary
Action history (5)
- Jan 12, 2026 Prefiled and ordered printed; Offered 01-14-2026 26104000D · lower
- Jan 12, 2026 Referred to Committee for Courts of Justice · lower
- Jan 26, 2026 Assigned HCJ sub: Civil · lower
- Jan 28, 2026 Subcommittee recommends continuing to (Voice Vote) · lower
- Feb 4, 2026 Continued to next session in Courts of Justice (Voice Vote) · lower
Text versions (2)
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