Adjusts population tiers for small counties to receive Payments in Lieu of Taxes (PILT).
The Small County PILT Parity Act amends section 6903 of title 31, United States Code, to adjust the population tiers for small counties to receive Payments in Lieu of Taxes (PILT). The bill modifies the population thresholds and corresponding payment rates, ensuring that smaller counties receive higher payments per capita. This change aims to provide more equitable PILT payments for low-population units of general local government.
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