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Amended bill to set billboard compensation in condemnation moves to full committee
Summary
House Bill 1021, amended to reflect negotiations between outdoor advertising interests and TDOT, would ensure billboard owners receive compensation for business losses when structures are taken in eminent domain; the subcommittee approved sending the bill to full Transportation 9–0.
Representative Russell presented House Bill 1021 (as amended) to ensure that when a billboard is taken through condemnation or eminent domain the owner receives just compensation for business losses tied to their investment.
Russell said the amended bill reflects months of work between the outdoor advertising industry and TDOT to determine fair compensation and more reliable physical estimates. Funding will be addressed as broader transportation funding measures move forward. The committee voted to send the bill to the full Transportation Committee; the clerk announced 9 ayes, 0 nos.
