128th MAINE LEGISLATURE
LD 1318 LR 755(01)
An Act To Align State Relocation Assistance with That of the Federal Government
Preliminary Fiscal Impact Statement for Original Bill
Sponsor: Rep. McLean of Gorham
Committee: Transportation
Fiscal Note Required: Yes
             
Preliminary Fiscal Impact Statement
Potential current biennium cost increase - Highway Fund
Potential current biennium cost increase - Other Special Revenue Funds
Fiscal Detail and Notes
This bill changes the amount paid by the Maine Department of Transportation to displaced individuals due to property acquisition for projects funded with nonfederal funds from a set amount to the amount required for federally funded projects.  As the federal amount is currently higher than the state amount there will be increased costs for nonfederal projects. The amount of additional cost will depend on the number of such projects going forward and the federal rate at the time of the acquisition of property.