Number: RL31392 Title: PILT (Payments in Lieu of Taxes): Somewhat Simplified Authors: M. Lynne Corn, Specialist in Natural Resources Policy Abstract: This paper explains PILT payments, with an analysis of the five major factors affecting the calculation of a given local government's payment. It also describes the effects of certain changes in the law in 1994. Pages: 14 Date: December 19, 2008