122nd MAINE LEGISLATURE
LD 1203 LR 1401(01)
An Act To Amend the Laws Concerning Eminent Domain
Fiscal Note for Original Bill
Sponsor: Sen. Schneider of Penobscot
Committee: Transportation
Fiscal Note Required: Yes
   
             
Fiscal Note
Projections Projections
2005-06 2006-07 2007-08 2008-09
Net Cost (Savings)
Highway Fund $500,000 $500,000 $500,000 $500,000
Appropriations/Allocations
Highway Fund $500,000 $500,000 $500,000 $500,000
Fiscal Detail and Notes
Beginning in fiscal year 2005-06, the Department of Transportation will require an additional annual Highway Fund allocation of $500,000 for the estimated cost of complying with certain eminent domain property acquisition requirements.
Additional costs to the Department of Economic and Community Development associated with participation in the working group can be absorbed utilizing existing budgeted resources.