The bill amends sections 42-64.12-6 and 42-64.12-7 of the General Laws regarding the use of eminent domain powers by various entities. It introduces a new section that outlines permissible uses of eminent domain, allowing entities to acquire property for public purposes. The bill requires that all entities delegated eminent domain powers must adopt a plan and obtain approval from their governing body prior to exercising such powers. This plan must include advanced notice to property owners of the potential taking and provide an opportunity for them to negotiate a mutually agreed-upon price.

Additionally, the bill removes the previous restriction that limited the use of eminent domain solely for economic development purposes. It emphasizes the importance of public notice and engagement in the planning process, ensuring that property owners are informed and have the opportunity to negotiate before any takings occur. This act will take effect upon passage.