2004 Senate Bill 1105 ↩

House Roll Call 787: Passed

To revise the funding source for payments in lieu of property taxes (PILT) to local governments on land owned by the state, and to freeze the level of those payments for the next three years. Payments would then be adjusted for inflation every three years. The bill also allows the state to make partial payments if the insufficient funds have been appropriated for the payments, with the shortfall pro-rated among recipients; and allows local governments to forclose on state land on which full PILT payments have not been made. However, locals could not impose penalties if the payments are late.