Specifies just compensation when property is condemned for use by profit-making entity.

This bill (A2520) requires that when a profit-making entity (like a developer or utility company) takes private property through eminent domain, compensation must reflect the property’s full revenue potential and intended use - not just its current value. It mandates payment for adjacent property damages (such as noise, groundwater impacts, or reduced property value due to the project) and consequential costs like broken contracts or maintenance expenses. If court-awarded compensation exceeds the entity’s highest prior offer by 10% or more, the entity must cover the property owner’s legal fees. The bill also automatically returns taken property to owners if the entity fails to meet conditions for using eminent domain.