Deductions What are “prior-year payments”?
Prior-year payments are Federal payments to local government under programs other than PILT during the previous fiscal year. These payments include those made under the Refuge Revenue Sharing Fund, the National Forest Fund, the Taylor Grazing Act, the Mineral Leasing Act for acquired lands, and the Federal Power Act. The PILT Act requires the governor of each state to report these payments to DOI each year.
