House Bill No. by Representative Lyons seeks to enhance the protection of private property owners in Louisiana from governmental actions that may impose excessive burdens on their property rights. The bill introduces a new chapter titled "Private Ownership Protection" in the Louisiana Revised Statutes, which defines key terms such as "vested rights," "existing use," and "inordinate burden." It establishes a procedure for property owners to present claims to governmental entities within ninety days of an action that adversely affects their property rights. The bill also requires property owners to submit a written appraisal report to support their claims and mandates governmental entities to respond with a written settlement offer within the notice period.

Additionally, the bill outlines the litigation process, allowing property owners to pursue legal action if a settlement is not reached, with courts determining compensation based on the loss in fair market value due to governmental actions. It includes provisions for the recovery of attorney fees and costs for prevailing property owners, while also allowing governmental entities to recover costs if they win and the property owner did not accept a reasonable settlement offer. The legislation waives sovereign immunity for specific causes of action and emphasizes the importance of providing property rights information on parish assessor websites, thereby establishing a comprehensive framework for addressing grievances related to governmental actions affecting property rights.