The proposed bill mandates that any non-individual entity, such as a corporation or group, that files a petition for eminent domain must include a verified ownership disclosure as part of their submission. This disclosure must contain specific information, including the legal name and primary address of the entity, contact information for any registered agent, documentation proving the entity's legal status (such as incorporation or registration), and details about any individuals with an ownership interest in the entity.

The bill aims to enhance transparency in the eminent domain process by ensuring that the ownership of entities exercising such powers is clearly documented and accessible. This requirement is intended to provide clarity and accountability regarding who is behind the entities that seek to exercise eminent domain rights.