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124th MAINE LEGISLATURE |
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LD 767 |
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LR 1828(02) |
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An Act To Promote
Fairness and Protect Economic Development in Transportation Projects
Undertaken by the State |
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Fiscal Note for
Bill as Amended by Committee Amendment " " |
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Committee: Transportation |
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Fiscal Note Required: Yes |
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Fiscal Note |
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Potential current biennium cost increase - Highway Fund |
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Fiscal Detail
and Notes |
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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. |
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