1. A. Any large load customer, as defined in Section 2 of this act, or any developer, owner, or entity acting on behalf of a large load customer, that purchases any land in this state outside of an industrial development park or a municipality, shall be required to notify the Corporation Commission, the county commissioners of the county in which the land is purchased, and any adjacent property owners who own property that abuts the large load customer's land within sixty (60) days after the land is purchased. Such notice shall be given by certified mail, return receipt requested, to the party's last-known business or residential address.
2. B. Any large load customer, or any developer, owner, or entity acting on behalf of a large load customer, who fails to provide proper notice as required by this section, shall be subject to an administrative penalty of One Thousand Five Hundred Dollars ($1,500.00) per day, per violation to be collected and enforced by the county commissioners in which the land is located. If a large load customer has a project that utilizes land located in two or more counties, the penalty shall be divided amongst the counties based upon the percentage of land located in each county.

Laws 2026, HB 2992, c. 246, § 7, emerg. eff. July 1, 2026.