House okays bill speeding up right-of-way acquisition for gov't projects

  • 📰 gmanews
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 68%

Colombia Noticias Noticias

Colombia Últimas Noticias,Colombia Titulares

The House of Representatives on Monday approved on third and final reading a bill expediting right-of-way (ROW) acquisition and implementation on infrastructure projects.

House Bill 6571 gathered 239 yes votes, three no votes, and one abstention during Monday’s plenary session.

Likewise, the bill allows government agencies to offer the owners of land affected by ROW acquisition current market value or zonal value as determined by the Bureau of Internal Revenue, whichever is higher. The bill also provides that implementing agencies could shoulder the cost of replacing structure and improvements on the land, including machinery, and provide appropriate compensation such as for income loss.

 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 11. in CO

Colombia Últimas Noticias, Colombia Titulares