73R8499 LJD-F
By Hilderbran H.B. No. 570
Substitute the following for H.B. No. 570:
By Averitt C.S.H.B. No. 570
A BILL TO BE ENTITLED
1-1 AN ACT
1-2 relating to the determination of value in condemnation proceedings.
1-3 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-4 SECTION 1. Section 21.042, Property Code, is amended by
1-5 adding Subsection (f) to read as follows:
1-6 (f) Local market value before the condemnation shall be
1-7 determined as if the public use for which the property is condemned
1-8 had not been proposed and will not occur, if the announcement of
1-9 the proposed public use decreases the local market value.
1-10 SECTION 2. The change in law made by this Act applies to a
1-11 condemnation proceeding filed on or after the effective date of
1-12 this Act. A condemnation proceeding pending before the effective
1-13 date of this Act is covered by the law in effect when the suit was
1-14 filed, and the former law is continued in effect for this purpose.
1-15 SECTION 3. The importance of this legislation and the
1-16 crowded condition of the calendars in both houses create an
1-17 emergency and an imperative public necessity that the
1-18 constitutional rule requiring bills to be read on three several
1-19 days in each house be suspended, and this rule is hereby suspended,
1-20 and that this Act take effect and be in force from and after its
1-21 passage, and it is so enacted.