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Fiscal Note

HB0303 - State and Local Governmental Entities Condemntaion Rights Revised

State Impact:
Passage of this bill would require an appropriation of $5,168,000 to the Department of Transportation to pay for staff and legal fees associated with condemnation cases. The Attorney General would also require an appropriation of $661,800 to implement the provisions of the bill.

Funding Source FY 02
Approp.
FY 03
Approp.
FY 02
Revenue
FY 03
Revenue
General Fund $661,800 $661,800 $0 $0
Transportation Fund $5,168,000 $5,168,000 $0 $0
TOTAL

$5,829,800


$5,829,800


$0


$0

Individual and Business Impact:
Individuals involved in condemnation cases could receive attorneys fees if the offer to purchase is shown to be less than 80 percent of fair market value.

Office of the Legislative Fiscal Analyst
2/20/2001 6:31:38 PM


Last Revised: 30 August, 2000

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