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Bill to clarify compensation for billboards rolled to 2026 calendar after industry and TDOT talks
Summary
House Bill 1021, concerning compensation and valuation for billboards taken for highway projects, was rolled to the committee's first calendar of 2026 after testimony from outdoor‑advertising firms, Ruby Falls and industry groups asking for consistent fair‑market valuation and discussion with TDOT.
House Bill 1021, sponsored by Chairman Russell, was moved to the House Transportation Subcommittee's first calendar for 2026 after industry representatives and TDOT discussed valuation and compensation for billboards taken in right‑of‑way acquisitions.
Industry witnesses said past TDOT projects removed high‑value digital billboards and paid relocation or acquisition amounts that left firms with substantial unrecovered investments. Hugh Morrow, president and CEO of Ruby Falls and R and R Outdoor Advertising, said TDOT paid roughly $59,000 for a digital billboard in Chattanooga that he estimated cost $250,000–$300,000 to install,…
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