United States · Bill · S
S. 2424 (99th)
A bill to amend the interest provisions of the Declaration of Taking Act.
Introduced
8 May 1986
Last action
—
Status
Indefinitely postponed by Senate by Voice Vote.
Sponsors
—
Subjects
Discovery layer
Source updated
10 August 2026
Summary
Amends the Declaration of Taking Act to establish an interest rate formula (replacing the fixed six-percent interest) to be applied to amounts awarded in condemnation proceedings under a declaration of taking to acquire real estate for the erection of public buildings or other public uses. Bases the formula on Treasury bill yield rates.
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Timeline
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Votes
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Versions
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Documents
2 official files
Indefinitely postponed in Senate
summary · EN · 17 October 1986
Introduced in Senate
summary · EN · 8 May 1986
Sponsors
No sponsors or actors listed by the source.
Related records
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Sources
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- Official source: https://www.congress.gov/bill/99th-congress/senate-bill/2424
- Open data entity: https://api.congress.gov/v3/bill/99/s/2424