Amends TCA Title 29, Chapter 16 and Title 29, Chapter 17.
In an eminent domain proceeding, present law generally requires the jury to give the value of the land or rights taken without deduction. This bill adds as requirements in such proceedings that: (1) The jury must value the land or the rights taken at 130 percent of the fair market value; and (2) The jury must include as damages the value of the depreciation of the property caused by the taking of an easement.
In an eminent domain proceeding, present law generally requires the jury to give the value of the land or rights taken without deduction. This bill adds as requirements in such proceedings that: (1) The jury must value the land or the rights taken at 130 percent of the fair market value; and (2) The jury must include as damages the value of the depreciation of the property caused by the taking of an easement.
Track Tennessee Legislation Like a Pro
Join hundreds of professionals using LegisGo to stay ahead of legislative changes.
Instant Alerts
Get notified when bills you track move through the legislature
AI Summaries
Understand complex legislation in seconds with AI-powered analysis
Full Access
All 132 legislators, committee schedules, and voting records