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MO HB1622

MO HB1622
Adds provisions relating to just compensation for condemned agricultural and horticultural property


summary

Introduced
01/07/2026
In Committee
Crossed Over
Passed
Dead

Introduced Session

2026 Regular Session

Bill Summary

Adds provisions relating to just compensation for condemned agricultural and horticultural property

AI Summary

This bill modifies Missouri's eminent domain law to provide additional compensation protections for agricultural and horticultural property owners when their land is condemned (legally seized for public use). The bill expands existing provisions that determine just compensation, adding a new option for calculating property value when land is taken in a way that prevents its current use. Specifically, for agricultural or horticultural properties where a taking prevents the owner from using the land as they were on the day of condemnation, owners can now receive fair market value plus an additional 1% for each year the property has been in the same family. For electrical corporations seeking to condemn such property for constructing electric plants, compensation will now be 150% of fair market value, with an additional provision that if the property has been in the same family for 51 or more years, the compensation will follow the new family ownership calculation method. The bill defines family ownership broadly, including children, grandchildren, siblings, nephews, nieces, and those connected through marriage or adoption, and requires that for corporate entities, family members must own more than 50% of the property to qualify for the enhanced compensation provisions.

Sponsors (1)

Last Action

Read Second Time (H) (on 01/08/2026)

bill text


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