Establishing the relocation reimbursement assistance fund to provide reimbursement assistance to communications service providers that are required to relocate facilities located in the public right-of-way pursuant to an order or directive of a municipality.

HB 2544 creates a state fund to reimburse communications service providers (like telecom companies and video service providers) for costs incurred when relocating equipment in public streets due to city or county orders. The fund, administered by the state treasurer, receives $2 million annually starting in 2027 from insurance premium tax revenue. Providers must apply with proof of relocation costs and municipal directives, and payments are made based on available funds each year. This policy directly supports companies required to move infrastructure for public safety or development projects.