This bill, the Small County PILT Parity Act, would change section 6903(c) of title 31, United States Code. It lowers the first population tier numbers (strikes "4,999" and inserts "499") and changes the second tier starting value from "5,000" to "500." The bill replaces the existing population-to-limit table with a new table that lists specific population breakpoints (from 500 up to 50,000) and a dollar multiplier for each listed population value. The table shows the "limitation" is equal to the population times the listed dollar amount for each population value.
If you are a unit of general local government with a small population, this bill would change how the payment limitation is calculated under 31 U.S.C. 6903(c). The calculation would use new, smaller population tiers starting at 500 people and the new per-person dollar amounts in the bill's table.
No publicly available information on costs or budgetary effects is included in the bill text.
No publicly available information.
No publicly available information.