Eminent Domain - As introduced, enacts the "Tennessee Just Compensation for Property Owners Act," which requires an airport authority that exercises eminent domain to acquire private property to pay enhanced damages and costs to the owner of the subject real property. - Amends TCA Title 29 and Title 42.

Summary

The bill creates the Tennessee Just Compensation for Property Owners Act, which applies to eminent‑domain actions by airport authorities. It mandates higher monetary awards—including 150% of appraised value, relocation costs, and possible damages for lost business income or higher loan interest rates—paid by the authority. The measure failed to advance beyond a subcommittee.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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