| Sec. 6. In lieu of payments criteria review; report. The Department of |
Transportation shall review the criteria that are currently used |
to determine the payments made to businesses and farms in lieu of |
actual relocation costs under the Maine Revised Statutes, Title |
23, section 244, subsection 3. The department shall compile |
information concerning claims and payments made under Title 23, |
section 244, subsection 3 since January 1, 2004. The department |
shall examine the consequences of using net operating income as a |
basis for in lieu payments, including any necessary consequences |
under federal law, regulations and programs. For the purposes of |
this section, "net operating income" means ordinary income less |
operating expenses from trade or business activities that are |
directly related to the subject property, excluding depreciation, |
amortization and interest, although the department may, in |
addition, use a different formulation of "net operating income." |
The department shall report by January 15, 2007 to the joint |
standing committee of the Legislature having jurisdiction over |
judiciary matters the information collected, the analysis |
completed, the conclusions reached and any recommended changes in |
law, rules or practice. The joint standing committee of the |
Legislature having jurisdiction over judiciary matters may report |
out legislation to the 123rd Legislature based on the review and |
report. |