Eminent domain; condemnation of public waterworks systems, determination of lost profits.
Continued from last session
Summary
The bill tells the agency that determines just compensation in a condemnation of a public water system to include the difference between the water rates charged by the taking locality and those charged by the current owner. It also lets any party or the court ask that the lost‑profit award be reduced if it is not deemed fair. This aims to make compensation more accurate for owners of waterworks taken by local governments.
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