County Payments

Business / Agriculture / County Payments: Forest Service payments of 25% of gross revenues from each national forest to the states for use on road and school programs in the counties where the national forests are located. Technically known as Payments to States, because the states determine which road and school programs can be funded, but the payments are allocated to the counties based on the national forest acreage in each county. Commonly confused with Payments in lieu of taxes.

Payments In Lieu Of Taxes (PILT)

Business / Agriculture / Payments In Lieu Of Taxes (PILT): A program administered by the Bureau of Land Management of the Department of the Interior to compensate counties for the tax-exempt status of federal lands: the fixed payments per entitlement acre (on MORE

Market Transition Payments

Business / Agriculture / Market Transition Payments: Referred to variously as AMTA payments, contract payments, or production flexibility contract payments made to farmers under Title I (the Agriculture Market Transition Act (AMTA)) of the FAIR Act of 1 MORE

Market Loss Payments

Business / Agriculture / Market Loss Payments: Term used in the Omnibus Consolidated and Emergency Appropriations Act, FY1999 (P.L. 105-277, October 21, 1998), to describe the one-time $3.1 billion in emergency income support payments authorized f MORE

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