Oklahoma HB3758 amends eminent domain laws to redefine just compensation and enhance property owner protections.
Oklahoma HB3758 modifies the definition of just compensation in eminent domain cases, requiring property owners to receive 150% of the fair market value of the property taken or the higher of fair market value and any enhanced compensation. It establishes a comparable-replacement standard for partial takings and prohibits the use of general or speculative benefits in compensation calculations. The bill also mandates non-waiver protections, ensuring that property owners cannot be forced to waive these rights as a condition of negotiation or settlement.
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- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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