Code of Federal Regulations (Last Updated: July 5, 2024) |
Title 43 - Public Lands: Interior |
Subtitle B - Regulations Relating to Public Lands |
Chapter II - Bureau of Land Management, Department of the Interior |
SubChapter A - General Management (1000) |
Part 1880 - Financial Assistance, Local Governments |
Subpart 1881 - Payments in Lieu of Taxes |
§ 1881.1-1 - Procedures, general.
Latest version.
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(a) The minimum payment shall be $100 to any one unit of local government under both sections 1 and 3 of the Act, in aggregate.
(b) If money actually appropriated by Congress for distribution during any fiscal year is insufficient to provide full payment to each unit of local government, all payments due to eligible recipients in that fiscal year shall be reduced proportionally, to the extent determined necessary by the authorized officer.