Bill

Bill > HR3257


US HR3257

US HR3257
PILT and SRS Certainty Act


summary

Introduced
07/28/2015
In Committee
08/31/2015
Crossed Over
Passed
Dead
01/03/2017

Introduced Session

114th Congress

Bill Summary

PILT and SRS Certainty Act This bill appropriates funds to carry out the Payment in Lieu of Taxes Program for the first full fiscal year after the enactment of this Act and for each of the following four fiscal years. This Program compensates local governments for tax revenue lost due to tax-exempt federal lands within their boundaries. The bill amends the Secure Rural Schools and Community Self-Determination Act of 2000 to extend payment and project authorities for the Secure Rural Schools and Community Self-Determination Program for five years. This Program provides payments to states to compensate for the cost of providing services in tax-exempt federal lands within their jurisdiction.

AI Summary

This bill, titled the PILT and SRS Certainty Act, ensures continued funding for two programs that support local governments and communities impacted by federal land ownership. Specifically, it appropriates $450 million annually for five years to the Payment in Lieu of Taxes (PILT) Program, which compensates local governments for lost property tax revenue due to tax-exempt federal lands within their borders. Additionally, the bill extends the Secure Rural Schools and Community Self-Determination Act of 2000 for five years, continuing payments and project authorities under that program, which provides funds to states to help cover the costs of services in areas with significant tax-exempt federal lands.

Committee Categories

Agriculture and Natural Resources, Government Affairs

Sponsors (5)

Last Action

Referred to the Subcommittee on Federal Lands. (on 08/31/2015)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...