IN.gov - Skip Navigation

Note: This message is displayed if (1) your browser is not standards-compliant or (2) you have you disabled CSS. Read our Policies for more information.

Indiana General Assembly
  •  
Senate Bill 0528


 

Search all legislative material from the 2007 Session.
General Assembly Home Page

Session Information

Complete Bill Listing

Get Acrobat Reader
You will need to download and install Acrobat Reader to view PDF documents.

  

Senate Bill 0528

ARCHIVE (2007)

Latest Information

 
DIGEST OF INTRODUCED BILL

Eminent domain for pipeline companies. Requires a pipeline company that seeks to acquire an interest in land to make an offer to the landowner to purchase the interest at least 30 days before filing a condemnation action. Provides that the offer must include: (1) a copy of the appraisal on which the company's offer is based; and (2) a statement that the landowner is entitled to hire a disinterested appraiser to perform an appraisal, the costs of which will be paid for by the company, in an amount not exceeding $2,500. Sets forth the procedures to be followed by a landowner who chooses to obtain an appraisal. Provides that a landowner whose property is located within one-half mile of a proposed pipeline may obtain a qualified appraisal to determine whether the property is materially diminished in value as a result of the proposed pipeline. Provides that the affected landowner's property is materially diminished in value if there is a reduction in value of at least 10% from a baseline value. Provides that the affected landowner may file a suit to recover the amount by which the value of the property has been materially diminished. Sets forth procedures to be followed in a suit brought by an affected landowner.
    Current Status:
     In Committee - first House
    >Latest Printing > (PDF)