Requires municipalities and the Department of Transportation to reimburse non-rate regulated utilities for site relocation costs incurred due to road maintenance

HB 342 requires cities, towns, and the Department of Transportation to reimburse non-rate regulated utilities for costs incurred when moving equipment due to road maintenance or construction. This applies to telecom companies, broadband providers, video services, and cable operators not regulated by the Public Service Commission. The bill mandates that these entities cover relocation expenses directly tied to road projects, such as rerouting cables or antennas. It does not create new taxes but specifies that existing municipal and state funds must cover these costs.