Alabama HB542 modifies reimbursement for utility facility relocations required by highway construction.

HB542 amends Alabama law to change how the Department of Transportation reimburses utilities for relocating their facilities due to highway construction. The bill sets a cap of $500,000 per relocation for utilities with a gross annual income of $250 million or less. It also limits the total reimbursement to $10 million per fiscal year for these utilities. Utilities with incomes over $250 million are not eligible for reimbursement. The Director of Transportation must submit an annual report to the Legislature detailing the relocation costs and reimbursements.

Alabama HB542 modifies reimbursement for utility facility relocations required by highway construction.

HB542 amends Alabama law to change how the Department of Transportation reimburses utilities for relocating their facilities due to highway construction. The bill sets a cap of $500,000 per relocation for utilities with a gross annual income of $250 million or less. It also limits the total reimbursement to $10 million per fiscal year for these utilities. Utilities with incomes over $250 million are not eligible for reimbursement. The Director of Transportation must submit an annual report to the Legislature detailing the relocation costs and reimbursements.