PILT (Payments in Lieu of Taxes): Somewhat Simplified
Description:
Under current federal law, local governments are compensated through various programs for losses to their tax bases due to the presence of most federally owned land. Some of these programs are run by specific agencies, and apply only to that agency's land. The most widely applicable program, while run by the Bureau of Land Management (BLM), applies to many types of federally owned land, and is called "Payments in Lieu of Taxes" or PILT. The level of payments is calculated under a complex formul…
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Date:
June 24, 1998
Creator:
Corn, M. Lynne
Item Type:
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Report
Partner:
UNT Libraries Government Documents Department