VirginiaEminent domain powers of public service corporations; compensation to the Commonwealth & localities.
What it does
Certain eminent domain powers; conservation easements; compensation to the Commonwealth and localities. Requires any person, defined in the bill, if it takes by condemnation proceedings any land or right-of-way or similar interest therein that is subject to a conservation easement, to compensate (i) the Commonwealth in an amount equal to the value of any tax credit received by the landowner under the provisions of the Virginia Land Conservation Incentives Act of 1999 during the pendency of the conservation easement and (ii) the locality in which the right-of-way is located (a) in an amount of any property tax avoided by the landowner during the pendency of the conservation easement and (b) if the right-of-way is located on property that is registered with the Virginia Landmarks Register and the National Register of Historic Places, in an amount equal to the additional value conferred upon the property during the period that property was registered.
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Where it stands
- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2025
- Feb 14Tabled in Courts of Justice (15-Y 5-N)Latest
- Vote recorded Tabled in Courts of Justice (15-Y 5-N). Result: pass.Lower
- Feb 10Subcommittee recommends reporting with substitute (5-Y 3-N)Major
- Vote recorded Subcommittee recommends reporting with substitute (5-Y 3-N). Result: pass.Lower
- Feb 10Fiscal Impact Statement from Department of Planning and Budget (SB1435)
- Feb 7Assigned Courts sub: CivilMinor
- Feb 6Referred to Committee for Courts of JusticeMinor
- Feb 6Read first timeMinor
- Feb 6Placed on Calendar
- Feb 3Passed Senate (40-Y 0-N)Passed Senate
- Vote recorded Constitutional reading dispensed (on 3rd reading). Result: pass.Upper
- Vote recorded Passed Senate (40-Y 0-N). Result: pass.Upper
- Feb 3Constitutional reading dispensed (on 3rd reading) (40-Y 0-N)
- Feb 3Rules suspended
- Feb 3Engrossed by Senate - committee substituteMajor
- Feb 3Courts of Justice Substitute agreed to
- Feb 3Reading of substitute waived
- Feb 3Read second timeMinor
- Jan 31Passed by for the day
- Vote recorded Constitutional reading dispensed (on 1st reading) (39-Y 0-N). Result: pass.Upper
- Jan 31Constitutional reading dispensed (on 1st reading) (39-Y 0-N)
- Jan 31Rules suspended
- Jan 29Committee substitute printed 25106361D-S1Major
- Vote recorded Reported from Courts of Justice with substitute (15-Y 0-N). Result: pass.Upper
- Jan 29Reported from Courts of Justice with substitute (15-Y 0-N)Minor
- Jan 17Referred to Committee for Courts of JusticeMinor
- Jan 17Presented and ordered printed 25105195DIntroduced
- Feb 14Tabled in Courts of Justice (15-Y 5-N)Latest