HB 1035 Eminent domain; definitions of lost access and lost profits, determining compensation.
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Summary as passed: (all summaries)

Eminent domain; lost profits and access.  Provides definitions for the terms "lost profits" and "lost access" and how to determine the amount of just compensation, which includes lost profits and lost access resulting from the taking, that must be paid for property taken by eminent domain. The bill has a contingent effective date of January 1, 2013, provided that the voters approve an amendment to Section 11 of Article I of the Constitution of Virginia at the 2012 November election. This bill incorporates HB 597 and is identical to SB 437.

Full text:
01/11/12  House: Prefiled and ordered printed; offered 01/11/12 12103657D  pdf | impact statement
02/03/12  House: Committee substitute printed 12105097D-H1  pdf
02/03/12  House: Substitute bill reprinted 12105097D-H1  pdf
02/10/12  House: Committee substitute printed 12105267D-H2  pdf | impact statement
03/06/12  House: Bill text as passed House and Senate (HB1035ER)  pdf | impact statement
04/09/12  Governor: Acts of Assembly Chapter text (CHAP0699)  pdf

Amendments:
Senate amendments
Senate amendments engrossed

Status:
01/11/12  House: Prefiled and ordered printed; offered 01/11/12 12103657D
01/11/12  House: Referred to Committee for Courts of Justice
01/17/12  House: Assigned Courts sub: #2 Civil
02/01/12  House: Subcommittee recommends reporting with amendment(s) (5-Y 2-N)
02/03/12  House: Reported from Courts of Justice with substitute (13-Y 4-N)
02/03/12  House: Committee substitute printed 12105097D-H1
02/03/12  House: Substitute bill reprinted 12105097D-H1
02/03/12  House: Referred to Committee on Appropriations
02/06/12  House: Incorporates HB597
02/10/12  House: Reported from Appropriations with substitute (17-Y 4-N)
02/10/12  House: Committee substitute printed 12105267D-H2
02/12/12  House: Read first time
02/13/12  House: Read second time
02/13/12  House: Courts of Justice Committee substitute rejected 12105097D-H1
02/13/12  House: Appropriations Committee substitute agreed to 12105267D-H2
02/13/12  House: Engrossed by House - committee substitute HB1035H2
02/14/12  House: Read third time and passed House (77-Y 22-N)
02/14/12  House: VOTE: PASSAGE (77-Y 22-N)
02/15/12  Senate: Constitutional reading dispensed
02/15/12  Senate: Referred to Committee for Courts of Justice
02/22/12  Senate: Reported from Courts of Justice with amendments (9-Y 6-N)
02/24/12  Senate: Constitutional reading dispensed (38-Y 0-N)
02/27/12  Senate: Read third time
02/27/12  Senate: Reading of amendments waived
02/27/12  Senate: Committee amendments agreed to
02/27/12  Senate: Engrossed by Senate as amended
02/27/12  Senate: Passed Senate with amendments (24-Y 16-N)
02/28/12  House: Placed on Calendar
02/29/12  House: Senate amendments agreed to by House (77-Y 19-N)
02/29/12  House: VOTE: ADOPTION (77-Y 19-N)
03/06/12  House: Enrolled
03/06/12  House: Bill text as passed House and Senate (HB1035ER)
03/06/12  House: Signed by Speaker
03/08/12  Senate: Signed by President
04/09/12  Governor: Approved by Governor-Chapter 699 (effective - see bill)
04/09/12  Governor: Acts of Assembly Chapter text (CHAP0699)