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S 1008 117th Congress Senate Public Lands and Natural Resources Congressional oversight Government information and archives Government studies and investigations Land use and conservation Property tax State and local finance State and local taxation

MORE PILT Act

Introduced: March 25, 2021 Introduced by: Lee, Mike Republican · Utah See on congress.gov
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 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 16, 2021
Committee on Energy and Natural Resources Subcommittee on Public Lands, Forests, and Mining. Hearings held.
Mar 25, 2021
Read twice and referred to the Committee on Energy and Natural Resources.
Mar 25, 2021
Introduced in Senate
 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 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.

What's happening now June 16, 2021

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

 Committees of jurisdiction 2
 Cosponsors 2
All 2 Republican 2