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Payments in Lieu of Taxes
Published on AidPage by IDILOGIC on Jun 24, 2005
Purpose of this program:
To compensate local taxing units (usually County governments) for the loss of taxes from Federally-owned and acquired lands. Payment amounts are determined by several codified formulas (U.S.C. 6901-6907) and is designed to supplement other Federal land revenue sharing payments that local units may be receiving.
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