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Book PILT payments in Lieu of Taxes

Download or read book PILT payments in Lieu of Taxes written by Mary Lynne Corn and published by . This book was released on 2008 with total page 14 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Pilt Payments in Lieu of Taxes

Download or read book Pilt Payments in Lieu of Taxes written by M. Lynne Corn and published by CreateSpace. This book was released on 2014-12-31 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: Under federal law, local governments are compensated through various programs for reductions to their property tax bases due to the presence of most federally owned land. These lands cannot be taxed, but may create demand for services such as fire protection, police cooperation, or simply longer roads to skirt the federal property. Some of these programs are run by specific agencies and apply only to that agency's land. The most widely applicable program, administered by the Department of the Interior (DOI), applies to many types of federally owned land, and is called "Payments in Lieu of Taxes," or PILT. The authorized level of PILT payments is calculated under a complex formula.

Book PILT payments in Lieu of Taxes

Download or read book PILT payments in Lieu of Taxes written by and published by . This book was released on 2017 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book PILT Payments in Lieu of Taxes

Download or read book PILT Payments in Lieu of Taxes written by M. Lynne Corn and published by . This book was released on 1998 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book PILT Payments in Lieu of Taxes Somewhat Simplified

Download or read book PILT Payments in Lieu of Taxes Somewhat Simplified written by Congressional Research Congressional Research Service and published by CreateSpace. This book was released on 2014-12-10 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: Under federal law, local governments (usually counties) are compensated through various programs for reductions to their property tax bases due to the presence of most federally owned land. These lands cannot be taxed, but may create a demand for services such as fire protection, police cooperation, or longer roads to skirt the federal property. Some compensation programs are run by specific agencies and apply only to that agency's land. The most widely applicable program, administered by the Department of the Interior (DOI), is called "Payments in Lieu of Taxes" (PILT, 31 U.S.C. §§6901-6907). Under the statute, eligible lands consist of those in the National Park System, National Forest System, or Bureau of Land Management; lands in the National Wildlife Refuge System if they are withdrawn from the public domain; lands dedicated to the use of federal water resources development projects; dredge disposal areas under the jurisdiction of the U.S. Army Corps of Engineers; lands located in the vicinity of Purgatory River Canyon and Piñon Canyon, Colorado, that were acquired after December 31, 1981, to expand the Fort Carson military reservation; lands on which are located semi-active or inactive Army installations used for mobilization and for reserve component training; and certain lands acquired by DOI or the Department of Agriculture under the Southern Nevada Public Land Management Act (P.L. 105-263). This report addresses only the PILT program administered by DOI. The authorized level of PILT payments is calculated under a complex formula. No precise dollar figure can be given in advance for each year's PILT authorized level. Five factors affect the calculation of a payment to a given county: the number of acres eligible for PILT payments, the county's population, payments in prior years from other specified federal land payment programs, state laws directing payments to a particular government purpose, and the Consumer Price Index as calculated by the Bureau of Labor Statistics. Before 2008, annual appropriations were necessary to fund PILT. However, beginning with the FY2008 payment and continuing through FY2012, a provision in P.L. 110-343 for mandatory spending ensured that all counties would receive 100% of the authorized payment. P.L. 112-141 extended mandatory spending to FY2013, though there was a later sequestration of 5.1% for that year. PILT's mandatory spending was renewed for another year in P.L. 113-79, resulting in an FY2014 payment of $436.9 million. As yet, Congress has not passed a measure for the FY2015 payment, normally expected to be dispersed in June 2015. However, the House amended H.R. 3979 to include the National Defense Authorization Act. The amendment included a provision (Section 3096) for $33 million in mandatory spending for PILT in FY2015. In addition, a December 10, 2014, draft of the Continuing Appropriations Act of FY2015 contained $372 million in discretionary spending. In total, these two figures would provide slightly less than full funding. Over the next few years, the broader debate for Congress might then be summarized as three decisions: (1) whether to approve full funding of PILT through future extensions of mandatory spending (either temporary or permanent); (2) whether instead to reduce the payments, perhaps through the annual appropriations process or by changing the PILT formula; and (3) whether to add or subtract any lands to the list of those now eligible for PILT payments. Since the creation of PILT in 1976, various other changes in the law have been proposed. One proposal has been to include additional lands under the PILT program, particularly Indian lands. Other lands are also mentioned for inclusion, such as those of the National Aeronautics and Space Administration and the Departments of Defense and Homeland Security.

Book PILT Payment in Lieu of Taxes

Download or read book PILT Payment in Lieu of Taxes written by M. Lynne Corn and published by . This book was released on 2012-12-20 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book PILT Payment in Lieu of Taxes Final Report

Download or read book PILT Payment in Lieu of Taxes Final Report written by Keith Carlson and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Payments in Lieu of Taxes

Download or read book Payments in Lieu of Taxes written by Dayton Hall and published by . This book was released on 2013 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The federal government makes Payments in Lieu of Taxes (“PILT”) to local governments to help ease the tax burden of federal ownership of land. Because federally owned land is nontaxable, PILT payments are intended to compensate local governments for losses in property taxes due to federal ownership of land within local governments' boundaries. This Article explains the history and application of the PILT program, analyzes the equity and efficiency of the legislation, concludes that certain aspects of the PILT Act are both inequitable and inefficient, and proposes appropriate revisions. Specifically, this Article concludes and proposes the following: (1) shifting to a tax equivalency payment system based on states' property valuation laws would be too complicated and inefficient, despite the benefit that such a program would provide more consistent, foreseeable payments to local governments; (2) PILT payments unjustifiably discriminate against less populated counties that contain substantial federal acreage, so the PILT calculation method should be revised to remedy this discrimination; (3) PILT distribution methods creates an inefficient incentive for states to form alternative political subdivisions to maximize payments, so this incentive should be eliminated; and (4) Congress must find a long-term funding solution so that local governments can rely on PILT payments in their long-term planning endeavors.

Book Payments in Lieu of Taxes on Certain Real Property Transferred by the Reconstruction Finance Corporation

Download or read book Payments in Lieu of Taxes on Certain Real Property Transferred by the Reconstruction Finance Corporation written by United States. Congress. House. Committee on Government Operations. Legislation and Military Operations Subcommittee and published by . This book was released on 1972 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Increasing Federal Payments in Lieu of Taxes and Providing for a Transfer of Lands Between the Forest Service and Eagle and Pitkin Counties Colorado

Download or read book Increasing Federal Payments in Lieu of Taxes and Providing for a Transfer of Lands Between the Forest Service and Eagle and Pitkin Counties Colorado written by United States. Congress. Senate. Committee on Energy and Natural Resources. Subcommittee on Public Lands, National Parks, and Forests and published by . This book was released on 1991 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Secure Rural Schools and Payment in Lieu of Taxes

Download or read book Secure Rural Schools and Payment in Lieu of Taxes written by United States. Congress. Senate. Committee on Energy and Natural Resources and published by . This book was released on 2013 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Bighorn National Forest N F Land and Resource s Management Plan LRMP

Download or read book Bighorn National Forest N F Land and Resource s Management Plan LRMP written by and published by . This book was released on 1985 with total page 466 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Federal Register

Download or read book Federal Register written by and published by . This book was released on 2012-06 with total page 530 pages. Available in PDF, EPUB and Kindle. Book excerpt: