Increases the cap on relocation assistance for farms, nonprofits, and businesses to $75,000 and mandates annual inflation adjustments.

This bill raises the cap on direct financial assistance for displaced farms, nonprofit organizations, and businesses to $75,000. It requires the Department of Transportation to adjust this assistance limit annually for inflation starting July 1, 2027, and to publish the updated amount. The bill also makes technical and conforming changes to the law.

Increases the cap on relocation assistance for farms, nonprofits, and businesses to $75,000 and mandates annual inflation adjustments.

This bill raises the cap on direct financial assistance for displaced farms, nonprofit organizations, and businesses to $75,000. It requires the Department of Transportation to adjust this assistance limit annually for inflation starting July 1, 2027, and to publish the updated amount. The bill also makes technical and conforming changes to the law.