Replaces certain fixed interest rate award in eminent domain cases with interest rate based on just compensation awards.

This bill (A 439) changes how interest is calculated for property owners when their land is taken through eminent domain in New Jersey. It replaces a fixed interest rate with one based on the final just compensation award amount. This directly affects property owners whose land is acquired by government authorities (like municipalities or agencies) under eminent domain. The key provision requires compensation interest to align with the actual final settlement value, rather than using a predetermined rate. The bill amends existing law to implement this change in compensation calculations.