SB 251

Bill Subjects

Civil Actions, Liabilities And Damages Civil Actions, Statute Of Limitations Corporations Local Government Partnerships Small Businesses State Government

Abstract

Provides that if a unit enacts an ordinance that causes a business's profit to decline by at least 15%, the business may bring an action for damages against the unit. Exempts certain ordinances and specifies which businesses may bring an action. Provides that a unit is not liable for damages if the unit repeals the ordinance, amends the ordinance in a manner that will not cause the business's profit to decline by at least 15%, or grants a waiver to the affected business.