Bill > HB1152

This bill modifies Oklahoma's eminent domain laws by increasing protections and compensation for property owners when their land is acquired for public projects. Specifically, the bill requires that when government agencies or entities seek to acquire real property, they must now offer at least 150% of the fair market value, up from the previous requirement of simply offering fair market value. The bill also makes several procedural updates, such as allowing property owners to accompany appraisers during property inspections, ensuring owners receive a written explanation of compensation calculations, and mandating that owners cannot be forced to surrender property until the full agreed purchase price is paid or deposited with the court. Additional protections include requiring at least 90 days' written notice before a person must move from their dwelling or business, and mandating that if only part of a property is acquired, the government must also offer to purchase any remaining uneconomic remnants. The bill updates gender-neutral language and provides clear definitions for terms like "appraisal" and "acquiring agency". The changes will take effect on November 1, 2025, giving government agencies and property owners time to prepare for the new requirements.

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http://www.oklegislature.gov/BillInfo.aspx?Bill=hb1152&Session=2600