Provides that a person operating a business on a property may be compensated for business losses resulting from a condemnation of the property. Provides that a municipality may not acquire property using an alternative condemnation procedure if the municipality is notified of the person's intent to claim compensation for business losses.

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