| Sec. 6. In lieu of payments criteria review; report. The Department of |
| Transportation shall review the criteria that are currently used |
| to determine the payments made to businesses and farms in lieu of |
| actual relocation costs under the Maine Revised Statutes, Title |
| 23, section 244, subsection 3. The department shall compile |
| information concerning claims and payments made under Title 23, |
| section 244, subsection 3 since January 1, 2004. The department |
| shall examine the consequences of using net operating income as a |
| basis for in lieu payments, including any necessary consequences |
| under federal law, regulations and programs. For the purposes of |
| this section, "net operating income" means ordinary income less |
| operating expenses from trade or business activities that are |
| directly related to the subject property, excluding depreciation, |
| amortization and interest, although the department may, in |
| addition, use a different formulation of "net operating income." |
| The department shall report by January 15, 2007 to the joint |
| standing committee of the Legislature having jurisdiction over |
| judiciary matters the information collected, the analysis |
| completed, the conclusions reached and any recommended changes in |
| law, rules or practice. The joint standing committee of the |
| Legislature having jurisdiction over judiciary matters may report |
| out legislation to the 123rd Legislature based on the review and |
| report. |