[Code of Federal Regulations]
[Title 43, Volume 2]
[Revised as of October 1, 2004]
From the U.S. Government Printing Office via GPO Access
[CITE: 43CFR1881.50]

[Page 48-49]
 
                    TITLE 43--PUBLIC LANDS: INTERIOR
 
    CHAPTER II--BUREAU OF LAND MANAGEMENT, DEPARTMENT OF THE INTERIOR
 
PART 1880_FINANCIAL ASSISTANCE, LOCAL GOVERNMENTS--Table of Contents
 
                 Subpart 1881_Payments in Lieu of Taxes
 
Sec. 1881.50  What are the local governments' responsibilities after 
receiving sections 6902, 6904, and 6905 PILT payments?

    (a) The local government may use section 6902 payments for any 
governmental purpose.
    (b) Within 90 days of receiving sections 6904 and 6905 payments, the 
local government must distribute the funds to the affected units of 
general local government and affected school districts. The affected 
units of general local government and school districts

[[Page 49]]

may use sections 6904 and 6905 payments for any governmental purpose.
    (c) The local government must distribute sections 6904 and 6905 
payments in proportion to the tax revenues assessed and levied by the 
affected units of general local government and school districts in the 
Federal fiscal year before the Federal Government acquired the 
entitlement lands. The Redwoods Community College District in California 
is an affected school district for this purpose.
    (d) Within 120 days of receiving payments, the local government must 
certify to BLM that it has made an appropriate distribution of funds.