Reasonable Right-of-Way Fees Act of 2002

[AI summary unavailable — showing source text] Reasonable Right-of-Way Fees Act of 2001 - Amends the Federal Land Policy and Management Act of 1976 to require a holder of a right-of-way to pay in advance the fair market value of the holder's use of the land encumbered by the right-of-way (currently, the fair market value of the right-of-way) as determined by the Secretary concerned (the Secretary of the Interior or the Secretary of Agriculture granting, issuing, or renewing such right-of-way). Prohibits the fair market value of a use of land encumbered by a right-of-way granted issued or renewed from exceeding the lowest amount determined using the following valuation methods: (1) the value to the Secretary of the land encumbered by the right-of-way; (2) the diminution in the value of the land to the Secretary as a result of the right-of-way; and (3) the amount necessary to restore the land to its use immediately before the initial grant or issuance of the right-of-way. States that fair market value and related rents shall be determined from the perspective of the Government as a land holder and willing seller of the right-of-way. Provides that right-of-way uses that have similar initial or potential physical impacts on the lan…