2009 Regular Session

SENATE BILL 724

File Code: Real Property
Sponsored By:
Senator Madaleno
Entitled:
Transportation Projects - Reimbursement to Owners of Real Property for Loss of Rental Income

Synopsis:

Requiring a displacing agency to make a monthly payment to an owner of rental real property that is adjacent to a transportation construction site for loss of rental income under specified circumstances; requiring a person, for each month the person seeks payment under this section of the Act, to petition the displacing agency for payment and to prove loss of income; and limiting the amount of the monthly payment that may be made to a person under the Act.

History by Legislative and Calendar Date

Legislative date is used to record history occurring in the Chambers otherwise Calendar date is used.
Senate Action
2/6
First Reading Budget and Taxation
3/4
Hearing 3/18 at 1:00 p.m.
House Action
No Action

Bill indexed under the following Subjects:

Construction
Highways
Leases and Rent
Local Government Mandates
Nuisances -see also- Noise; Weeds
Real Property
Transportation -see also- Aircraft; Airports; Boats; etc

Bill affects the following Statute:

Real Property
( 12-204.1 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled
Fiscal and Policy Note (Displayed in PDF Format): Available
Amendments: None offered