HB 31 -- Eminent Domain Displacement Payments

Sponsor:  Cunningham (86)

This bill defines the terms "displaced person," "eminent domain
user," "public purpose," "public use," and "revenue-generating
enterprise" and establishes procedures for a person to receive a
pro-rata share of a revenue-generating enterprise's
Missouri-source gross income after being displaced from his or
her property as a result of the use of eminent domain.  Each
affected revenue-generating enterprise will pay 2% of its
Missouri-source gross income to the Missouri Condemnation
Proceeds Equity Fund, from which a person may collect proceeds
equal to his or her share of displaced property.

The provisions of the bill will expire six years from the
effective date.

Missouri House of Representatives
94th General Assembly, 1st Regular Session
Last Updated July 25, 2007 at 11:17 am