Ask AI
S. 1008

MORE PILT Act

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 payment 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.

Committee on Energy and Natural Resources Subcommittee on Public Lands, Forests, and Mining. Hearings held.

Sen. Lee, Mike [R-UT](R-UT)Sponsor
2 cosponsors2 R
2cosponsors1committees3actions1related bills7subjects
  1. Committee

    Committee on Energy and Natural Resources Subcommittee on Public Lands, Forests, and Mining. Hearings held.

    Public Lands, Forests, and Mining Subcommittee
  2. IntroReferral

    Read twice and referred to the Committee on Energy and Natural Resources.

    Energy and Natural Resources Committee
  3. IntroReferral10000

    Introduced in Senate

MORE PILT Act — Informed