Bill > HB2298

This bill removes the previous exemption that electric cooperatives had in eminent domain proceedings, which means that when electric cooperatives need to acquire private land for electrical infrastructure projects, they will now be subject to the same compensation rules as other electrical corporations. Specifically, the bill modifies existing law regarding compensation for land condemned through eminent domain, requiring that for agricultural or horticultural property taken by an electrical corporation (including cooperatives), the property owner must be compensated at a rate of 1.5 times the fair market value. The bill preserves existing provisions that provide enhanced compensation in certain circumstances, such as for homestead takings or long-term family-owned properties. The compensation will be determined by the court, and the new rules will apply to future eminent domain proceedings after the bill's effective date. This change aims to provide more equitable compensation for property owners when their land is taken by electrical corporations, including cooperative utilities, for infrastructure development.

Agriculture and Natural Resources

https://house.mo.gov/Bill.aspx?bill=HB2298&year=2026&code=R