Adjusts the population tiers for calculating Payments in Lieu of Taxes (PILT) for small counties.
The Small County PILT Parity Act amends section 6903 of title 31, United States Code, to adjust the population tiers for calculating Payments in Lieu of Taxes (PILT) for small counties. The bill lowers the population threshold for the lowest tier from 4,999 to 999 and introduces new tiers for populations up to 50,000. This change aims to provide more equitable PILT payments for smaller counties.
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