MORE PILT Act
- Last Action
- 6/16/2021
Actions
- 2021-06-16Referred to the Subcommittee on National Parks, Forests, and Public Lands.
- 2021-04-22Referred to the House Committee on Natural Resources.
- 2021-04-22Introduced in House
- 2021-04-22Introduced in House
CRS Summary
As of 2021-04-22 (00)
Making Obligations Right by Enlarging Payments In Lieu of Taxes Act or the MORE PILT Act
This bill directs the Department of the Interior to develop a modeling tool that calculates the approximate market value of land covered by the payments in lieu of taxes (PILT) program and the approximate amount of local tax revenue the land would generate if privately owned. The PILT program compensates local governments for tax revenue lost due to tax-exempt federal lands within their boundaries.
Interior must annually report on the value of land covered by the PILT program, the tax revenue the land would generate if privately owned, and how PILT payments could more accurately reflect that tax revenue.
Cosponsors (9)
- Jason Smith (R-MO)
- Doug Lamborn (R-CO)
- Dan Newhouse (R-WA)
- Doug LaMalfa (R-CA)
- MICHAEL SIMPSON (R-ID)
- Louie Gohmert (R-TX)
- David Valadao (R-CA)
- Matthew Rosendale (R-MT)
- Russ Fulcher (R-ID)
Subjects
- Government information and archives
- Government studies and investigations
- Inflation and prices
- Land use and conservation
- Property tax
- Public contracts and procurement
- State and local finance
- State and local taxation
Sourced from Congress.gov (public domain).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.