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.

Statutes affected:
Introduced Senate Bill (S): 32-24-1-7, 32-24-2-6
Senate Bill (S): 32-24-1-7, 32-24-2-6