Eminent Domain Bill with Transmission Requirements.

What is happening? Missouri has been trying to pass an eminent domain bill to prohibit the use of eminent domain for a transmission project that would carry electricity through the state but the state would neither generate or receive any of the power. HB 2005 (2022 | MO)

Why is this important? A compromise included a compensation rate of 150% of the market value and would require the energy company to drop electricity in the state.

How will this be important? The bill will apply to all future projects.

Missouri Times | Bean’s property rights bill passes Senate