By: Wray H.B. No. 3915
A BILL TO BE ENTITLED
AN ACT
relating to the assessment of damages in condemnation proceedings
regarding high speed rail companies.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 21.042, Property Code, is amended by
adding subsection (h) to read as follows:
(h) For the purposes of this Chapter, a "high speed rail
company" means an entity chartered to create, fund, develop or
operate a high-speed rail system that is capable of operating at
speeds greater than 100 miles per hour. In awarding compensation or
damages for a condemnation by a high speed rail company":
(1) Subsection (d) does not apply; and
(2) the special commissioners must award damages for
any denial or impairment of access to the remainder property. The
commissioners shall also award damages for the remainder of any
property acquired at an amount no less than fifty (50) percent of
the value of the whole property before the taking.
SECTION 2. This Act takes effect immediately if it receives
a vote of two-thirds of all the members elected to each house, as
provided by Section 39, Article III, Texas Constitution. If this
Act does not receive the vote necessary for immediate effect, this
Act takes effect September 1, 2015.