Bill Summary for H 272 (2013-2014)

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Summary date: 

Mar 11 2013

Bill Information:

View NCGA Bill Details2013-2014 Session
House Bill 272 (Public) Filed Monday, March 11, 2013
A BILL TO BE ENTITLED AN ACT TO MAKE VARIOUS CHANGES TO LAWS AFFECTING THE DEPARTMENT OF TRANSPORTATION AND THE DIVISION OF MOTOR VEHICLES.
Intro. by Stam, Jackson, Bryan.

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Bill summary

Amends the following statutes as the title indicates: (1) GS 136-112 to provide that the measure of damages in a condemnation action initiated by the Department of Transportation (DOT)is as provided in GS 40A-63 and 40A-64,(2) GS 136-113 regarding the determination of interest as a part of just compensation on a DOT condemnation award,and (3) GS 136-119 regarding the recovery of attorneys' fees and costs on final judgments that exceed the initial deposit by 25% or more. Additionally amends GS 136-119 to specify that reasonable attorneys' fees are those that do not exceed the prevailing hourly rate in the jurisdiction where the matter is tried.

Effective January 1, 2014, and applies to condemnation actions filed on or after that date.