Amend HB 1352 (house committee report) on page 2, between lines 7 and 8, by adding an appropriately lettered subsection to read as follows:
( ) A municipality may not transfer real property for consideration described by this section if the real property was acquired by the municipality from the previous owner by the exercise of eminent domain authority or the threat of the exercise of eminent domain authority. The prohibition provided by this subsection does not apply if:
(1) the municipality offers the previous owner an opportunity to repurchase the real property at the current market value and the previous owner declines the offer; or
(2) the municipality cannot locate the previous owner with reasonable effort.