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United States · Bill · S

S. 2424 (99th)

A bill to amend the interest provisions of the Declaration of Taking Act.

openUnited States· United States Congress· EN

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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Votes

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Versions

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Documents

2 official files

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Sources

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