Provides that if a unit of local government (unit) provides forgivable loans, the unit must (as a condition of providing forgivable loans) require that a person operating a business on a property may be entitled to compensation for business losses resulting from a condemnation of the property.
- Chamber
- Senate
- Introduced
- Jan 8, 2026
- Last action
- Jan 15, 2026 — Committee report: amend do pass adopted; reassigned to Committee on Appropriations
- Session
- 2026
- Momentum
- 41 · Moderate