Small County PILT Parity Act

This bill proposes to amend federal law concerning Payments in Lieu of Taxes (PILT) , which are federal payments made to local governments that contain federal lands not subject to local property taxes. Its primary goal is to adjust the calculation method for these payments, particularly for counties with smaller populations. The legislation modifies section 6903(c) of title 31, United States Code, by lowering the initial population threshold for certain payment adjustments from 4,999 to 999 and from 5,000 to 1,000, thereby extending these specific payment structures to a broader range of smaller communities. A significant change introduced is the replacement of the existing payment limitation table with a more detailed and expanded schedule. This new table establishes numerous granular payment tiers for local government units with populations ranging from 1,000 up to 50,000, aiming to refine how federal funds are allocated to counties hosting non-taxable federal lands.