S. 988 · 112th Congress
Land-In-Trust Schools and Local Governments Equitable Compensation Act
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Never voted on. It didn't reach a floor vote before the 112th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
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SchumerSponsor1 cosponsor · 1 D
0 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
Land-In-Trust Schools and Local Governments Equitable Compensation Act - Directs the Secretary of the Interior to attempt to negotiate an agreement among a local educational agency (LEA) or local government, the Secretary, the state, and, if appropriate, a federally recognized Indian tribe or individual Indian under which the parties agree that payments…
What it does: CRS summary · Introduced in Senate · May 12, 2011
Land-In-Trust Schools and Local Governments Equitable Compensation Act - Directs the Secretary of the Interior to attempt to negotiate an agreement among a local educational agency (LEA) or local government, the Secretary, the state, and, if appropriate, a federally recognized Indian tribe or individual Indian under which the parties agree that payments representing property tax revenues lost as a result of the Secretary's taking land into trust for such tribe or Indian shall be: (1) waived in whole or in part; (2) limited for an agreed upon number of years; or (3) otherwise adjusted, including the timing of such payments.
Directs the Secretary to pay each LEA or local government for each fiscal year for which such an agreement is not in effect amounts necessary to ensure that the LEA or local government receives full payment for the amount of property tax revenues lost as a result of lands being held in trust by the Secretary for the benefit of a federally recognized Indian tribe or an individual Indian.
Directs the Secretary of the Treasury to transfer the amounts necessary for such payments directly to the Secretary from the Treasury's general fund without further appropriation.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Land-In-Trust Schools and Local Governments Equitable Compensation Act
Latest action (May 12, 2011): Read twice and referred to the Committee on Energy and Natural Resources.
Policy area: Public Lands and Natural Resources · Origin: Senate · Introduced: May 12, 2011
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.