Senate Bill 1008
117th Congress(2021-2022)
MORE PILT Act
Introduced
Introduced in Senate on Mar 25, 2021
Origin Chamber
Senate
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
1008
Congress
117
Policy Area
Public Lands and Natural Resources
Public Lands and Natural Resources
Primary focus of measure is natural areas (including wilderness); lands under government jurisdiction; land use practices and policies; parks, monuments, and historic sites; fisheries and marine resources; mining and minerals. Measures concerning energy supplies and production may fall under Energy policy area.
No Senate votes have been held for this bill.
Summary
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.
March 25, 2021
06/16/2021
Committee on Energy and Natural Resources Subcommittee on Public Lands, Forests, and Mining. Hearings held.
03/25/2021
Read twice and referred to the Committee on Energy and Natural Resources.
03/25/2021
Introduced in Senate
Public Record
Record Updated
Mar 8, 2023 8:12:35 PM