Sentences with phrase «lieu of taxes system»

Now, a «Forever Taxable» Coalition has been formed to oppose a Payment in Lieu of Taxes system in the Adirondacks and Catskills.

Not exact matches

A controversial proposal to change how local governments and school districts are compensated for state - owned lands in the Adirondacks and Catskills by utilizing a payment - in - lieu - of - taxes system was not included in the final spending plan, a decision roundly praised by local stakeholders.

The proposal is merely a stop - gap, in lieu of broader reform of the city's property tax system, which the mayor has promised but has been slow to act on.

Regional representatives, municipalities and conservation groups say it would be a bad idea to shift to a PILOT, or Payment in Lieu of Taxes, system.

I was pleased to help ensure the legislation included extensions of important renewable energy production and investment tax credits, eliminated the previous cap on the credit for residential solar electric systems, and created the new Treasury Department's (Section 1603) grant in lieu of tax credit program.

But, state and local governments are not taxed on their own income (just like other non-profits) and state and local governments are allowed to establish state and / or local employee retirement systems in lieu of FICA taxation on its employees for employees who participate in those programs.