Relates to requiring financial reports for real property acquired by the state, including any agencies and authorities, through eminent domain

This bill requires state agencies, authorities, and local development corporations to prepare financial impact reports before using eminent domain for economic development projects, as confirmed by a court. The reports must detail project costs and benefits, estimated tax revenue for the next three years, and the value of past and future financial assistance (like loans or tax breaks). State agencies must review these reports and may provide recommendations. The law applies specifically to projects using state capital funds for economic development through eminent domain and takes effect immediately.