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Nevada To Get $27 Million In PILT Money

Nevada will receive a total of $27 million in federal payments to compensate the state for non-taxable federal lands.

U.S. Secretary of the Interior Ryan Zinke announced Wednesday the payments being made under the Payments in Lieu of Taxes Program (PILT).

PILT program eligibility is reserved for local governments that contain non-taxable federal lands within their boundaries.

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The department says the nearly $553 million in PILT payments awarded nationwide this year is the largest amount ever allocated in the program's 40-year history.

PILT payments to local governments are computed based on the number of acres of federal land within each county or jurisdiction and the population of that county.

Eighty-five percent of Nevada’s lands are managed by the federal government.

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