Inicio >  Term: payments in lieu of taxes (PILT)
payments in lieu of taxes (PILT)

A program administered by the Bureau of Land Management of the Department of the Interior to compensate counties for the tax-exempt status of federal lands; the fixed payments per entitlement acre (on most but not all federal lands) are adjusted for low county populations and for other revenue-sharing payments (e.g., Forest Service county payments) in a complicated formula.

0 0

Creador

  • AjayOwor
  •  (Gold) 1463 puntos
  • 100% positive feedback
© 2024 CSOFT International, Ltd.