SB 5164 - DIGEST


(SUBSTITUTED FOR - SEE 1ST SUB)


Authorizes the department of transportation to impose impact fees on development activity that creates additional significant demand and need for transportation improvements to state highways or facilities, as determined by the department.

Provides that the impact fees: (1) Shall only be imposed for state transportation improvements that are reasonably related to the development activity;

(2) Shall not exceed a proportionate share of the costs of state transportation improvements that are reasonably related to the development activity; and

(3) Shall be used for state transportation improvements that will reasonably benefit the development activity.