124th MAINE LEGISLATURE
LD 767 LR 1828(02)
An Act To Promote Fairness and Protect Economic Development in Transportation Projects Undertaken by the State
Fiscal Note for Bill as Amended by Committee Amendment "   "
Committee: Transportation
Fiscal Note Required: Yes
             
Fiscal Note
Potential current biennium cost increase - Highway Fund
Fiscal Detail and Notes
This bill provides that if a property owner submits a request to the Department of Transportation to purchase their property which is affected by a new bypass highway project and a fair market value assessment has been completed and the Department has received a least environmentally damaging practicable alternative determination, the Department must purchase the property.  This bill could increase Highway Fund costs if such purchases are necessary.  Any additional costs would be offset by reductions in other Highway Fund projects.