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HR 2755 117th Congress House Public Lands and Natural Resources Government information and archives Government studies and investigations Inflation and prices Land use and conservation Property tax Public contracts and procurement State and local finance State and local taxation

MORE PILT Act

Introduced: April 22, 2021 Introduced by: Boebert, Lauren Republican · Colorado See on congress.gov
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 16, 2021
Referred to the Subcommittee on National Parks, Forests, and Public Lands.
Apr 22, 2021
Referred to the House Committee on Natural Resources.
Apr 22, 2021
Introduced in House
 Plain-English summary Congressional Research Service

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 payments 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.

What's happening now June 16, 2021

Referred to the Subcommittee on National Parks, Forests, and Public Lands.

 Committees of jurisdiction 2