2025 Regular Session • Indiana Legislature
SB0128: Compensation for business losses.
Legislative Summary
Compensation for business losses. Provides that a person operating a business on a property may be compensated for business losses resulting from a condemnation of the property. Provides that a municipality may not acquire property using an alternative condemnation procedure if the municipality is notified of the person's intent to claim compensation for business losses.
Demographic Impact
Overall analysis of equity impact
60% Positive
Medium ConfidenceView detailed demographic breakdown ↓Unlock Full Demographic Insights
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Bill History
1/8/2025
Authored by Senator Buck
Senate
1/8/2025
First reading: referred to Committee on Local Government
Senate
1/30/2025
Committee report: do pass adopted; reassigned to Committee on Appropriations
Senate
1/30/2025
Senator Niemeyer added as second author
Senate
1/30/2025
Senator Bohacek added as third author
Senate
Status Information
Current Status
Introduced(1/8/2025)
Chamber
Senate
Committee
Appropriations(Senate)
