- (1) An annual rate of return on land value of 10% is established for purposes of determining annual compensation rates for longitudinal access to the right-of-way of the interstate system.
- (2) At least once every five years the department shall conduct an analysis to determine changes, if any, in the rate of return based on market data. The department shall publish a modification to the rate of return whenever the department completes a market analysis and determines that market rate of return has changed.
KEY: right-of-way, interstate highway system
Date of Last Change: November 16, 1999
Notice of Continuation: August 16, 2023
Authorizing, and Implemented or Interpreted Law: 72-7-108