Fiscal Note

HB 450 — Fiscal Note/Fee Impact

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Mentions of “TRANSPORTATION” — 14 found

… elerated Development for Delaware Act, modifies and expands Delaware’s land use permitting process. The Department of Transportation (DOT) will adopt standards, regulations, and fees for a statewide transportation impact fee and collect and distribut …

… ermitting process. The Department of Transportation (DOT) will adopt standards, regulations, and fees for a statewide transportation impact fee and collect and distribute an additional surcharge equal to 1% of the transportation impact fee. Affected …

… fees for a statewide transportation impact fee and collect and distribute an additional surcharge equal to 1% of the transportation impact fee. Affected Entities: The DOT and any entities applying for land use permits. Fiscal Impact: Until the DOT …

… for land use permits. Fiscal Impact: Until the DOT establishes regulations and fee amounts, the total revenues of the transportation impact fee and surcharge are unknown. The DOT will determine the transportation impact fee for each county based on …

… ee amounts, the total revenues of the transportation impact fee and surcharge are unknown. The DOT will determine the transportation impact fee for each county based on the reasonable proportionate share of new development of the projected total cost …

… nty based on the reasonable proportionate share of new development of the projected total costs to bring applicable transportation infrastructure up to state standards. The DOT will publish the formula used to calculate the transportation impact fee …

… plicable transportation infrastructure up to state standards. The DOT will publish the formula used to calculate the transportation impact fee and shall reevaluate the formula every 5 years. Any increase in the transportation impact fee is capped at …

… a used to calculate the transportation impact fee and shall reevaluate the formula every 5 years. Any increase in the transportation impact fee is capped at the increase in the United States Consumer Price index plus 2%. Intended Use of Revenue: Re …

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Referenced entities

Statutes cited

29 Del. C. §913