Bill > HB81

This bill modifies how compensation is calculated in condemnation proceedings for farm and agricultural properties in Maryland. Specifically, for properties actively used for farming or agriculture (as determined by the State Department of Assessments and Taxation), the fair market value in a condemnation proceeding will now be 350% of the highest appraisal value, instead of the standard fair market value calculation. The bill also clarifies that fair market value can include reductions in property value between the initial legislative authorization for acquisition and the actual property taking, if those reductions were caused by the public project or related announcements and were beyond the property owner's reasonable control. The legislation applies retroactively to condemnation proceedings initiated on or after January 1, 2024, and will take effect on October 1, 2025. The bill aims to provide greater financial protection for farmers whose land is being condemned by ensuring they receive more comprehensive compensation that better reflects the true value of their agricultural property and the potential economic disruption caused by condemnation.

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https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/HB0081?ys=2025RS