LD 1203
pg. 3
Page 2 of 3 PUBLIC Law Chapter 642 LD 1203 Title Page
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LR 1401
Item 1

 
the displacement of a person from a dwelling, the municipality
shall provide payment for moving and related expenses, as well as
replacement housing as applicable under Title 23, sections 244 to
244-C.

 
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.

 
Sec. 7. Appropriations and allocations. The following appropriations and
allocations are made.

 
TRANSPORTATION, DEPARTMENT OF

 
Highway and Bridge Improvement 0406

 
Initiative: Allocates funds for the additional cost of
purchasing certain properties through the eminent domain process.

 
HIGHWAY FUND2005-062006-07

 
All Other$0$46,667

 
____________________

 
HIGHWAY FUND TOTAL$0$46,667


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