SF0151 • 2007

Eminent domain-fair market value.

AN ACT relating to eminent domain; modifying determination of fair market value as specified; and providing for an effective date.

Did Not Pass

The latest official action shows that this bill did not move forward in that session.

Sponsor: Senator Job
Last action: 2007-02-09
Official status: inactive
Effective date: Not listed

Plain English Breakdown

The plain English breakdown is still being put together. The official documents below are already here.

Bill History

2007-02-09 Wyoming Legislature
Died In Committee
2007-01-22 Senate
S Introduced and Referred to S05; No Report Prior to CoW Cutoff
2007-01-19 Senate
S Received for Introduction
2007-01-18 LSO
Bill Number Assigned

Current Bill Text

Read the full stored bill text

WORKING DRAFT
2007
STATE OF
WYOMING
07LSO-0536

SENATE FILE
NO.
SF0151

Eminent domain-fair market value.

Sponsored by:
Senator(s) Job

A BILL

for

AN ACT relating to eminent domain; modifying determination of fair market value as specified; and providing for an effective date.

Be It Enacted by the Legislature of the State of
Wyoming
:

Section 1.

W.S. 1
‑
26
‑
704(a) by creating a new paragraph (iii) and (c)(intro) is amended to read:

1
‑
26
‑
704.

Fair market value defined.

(a)

Except as provided in subsection (b) of this section:

(iii)

The fair market value of property under this subsection shall not be less than the reasonable cost of functional replacement.

(c)

The cost of functional replacement under
subsection (b) of
this section includes:

Section 2.

This act is effective July 1, 2007.

(END)

1
SF0151