By Hilderbran H.B. No. 733
74R3561 PAM-F
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 Subsections (f) and (g) to read as follows:
1-6 (f) Local market value is determined as if a tract or parcel
1-7 of real property will not be condemned if the condemnor publicly
1-8 proposed to condemn the property and the announcement of the
1-9 proposed condemnation decreases the local market value.
1-10 (g) A condemnor that publicly proposes to condemn a tract or
1-11 parcel of real property and unreasonably delays the beginning of a
1-12 condemnation proceeding under this chapter is liable to the
1-13 property owner for damages suffered during the period of
1-14 unreasonable delay in addition to other damages authorized by this
1-15 chapter.
1-16 SECTION 2. The change in law made by this Act applies only
1-17 to a condemnation proceeding filed on or after the effective date
1-18 of this Act. A condemnation proceeding pending before the
1-19 effective date of this Act is covered by the law in effect when the
1-20 suit was filed, and the former law is continued in effect for that
1-21 purpose.
1-22 SECTION 3. The importance of this legislation and the
1-23 crowded condition of the calendars in both houses create an
1-24 emergency and an imperative public necessity that the
2-1 constitutional rule requiring bills to be read on three several
2-2 days in each house be suspended, and this rule is hereby suspended.