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122nd MAINE LEGISLATURE |
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LD 1297 |
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LR 0665(01) |
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An Act
To Provide Just Compensation for Established Businesses During Eminent Domain
Proceedings |
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Fiscal Note for Original Bill |
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Sponsor:
Rep. Bryant-Deschenes of Turner |
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Committee: Judiciary |
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Fiscal Note Required: Yes |
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Fiscal Note |
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Projections |
Projections |
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2005-06 |
2006-07 |
2007-08 |
2008-09 |
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Net Cost
(Savings) |
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Highway Fund |
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$910,000
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$910,000
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$910,000
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$910,000
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Appropriations/Allocations |
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Highway Fund |
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$910,000 |
$910,000 |
$910,000 |
$910,000 |
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Federal Expenditures Fund |
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Fund for a Healthy Maine |
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Other Special Revenue Funds |
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Federal Block Grant Funds |
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Other Funds |
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Revenue |
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General Fund |
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Highway Fund |
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Federal Expenditures Fund |
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Fund for a Healthy Maine |
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Other Special Revenue Funds |
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Federal Block Grant Funds |
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Other Funds |
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Transfers |
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General Fund |
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Highway Fund |
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Federal Expenditures Fund |
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Fund for a Healthy Maine |
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Other Special Revenue Funds |
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Federal Block Grant Funds |
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Other Funds |
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Correctional and Judicial Impact Statements |
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Bond Issues |
Term(years) |
Principal |
Rate (%) |
Interest |
Total Cost |
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General Fund - Non-taxable |
10 |
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3.7% |
$0 |
$0 |
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Referendum Costs |
Month/Year |
Election Type |
Question |
Length |
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Nov-05 |
General |
Referendum |
Standard |
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Jun-05 |
Special |
Initiated Bill |
Lengthy |
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The Secretary of
State's budget includes sufficient funds to accommodate one ballot of average
length for the general election in November. If the number or size of the
referendum questions increases the ballot length, an additional appropriation
of $8,000 or more may be required. A
special election would require an additional appropriation of $121,392. |
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Fiscal Detail
and Notes |
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Beginning
in fiscal year 2005-06, certain changes regarding compensation paid in
eminent domain proceedings will result in an estimated annual Highway Fund
cost of $910,000 to the Department of Transportation. |
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