Bill > S1175

This bill modifies the Payment in Lieu of Taxes (PILT) program for small counties by adjusting the population thresholds and payment calculation rates. Specifically, the bill lowers the initial population tier from 4,999 to 999, and introduces a new sliding scale of payment limitations for counties with populations ranging from 1,000 to 50,000 residents. PILT is a federal program that provides compensation to local governments for tax revenues they lose due to federal land ownership within their jurisdictions. The new table of payment rates creates a more granular and gradually decreasing payment structure, with higher per-capita payments for smaller populations and incrementally lower rates as population increases. For example, a county with 1,000 residents would receive $394.15 per resident, while a county with 50,000 residents would receive $90.12 per resident. This change aims to provide more equitable financial support to smaller counties with significant federal land holdings, ensuring they receive appropriate compensation for lost tax revenues.

Agriculture and Natural Resources

https://www.congress.gov/bill/119th-congress/senate-bill/1175/all-info