16 USC 460lll-13 - Payments to States and counties

U.S Code last checked for updates: May 17, 2024

§ 460lll–13.

Payments to States and counties

(a)

Payments in lieu of taxes

(b)

Distribution

(c)

Payments by the Tennessee Valley Authority

After the transfer of administrative jurisdiction is made under section 460lll–41 of this title—

(1)

the Tennessee Valley Authority shall continue to calculate the amount of payments to be made to States and counties under section 831l of this title; and

(2)

each State (including, for the purposes of this subsection, the State of Kentucky, the State of Tennessee, and any other State) that receives a payment under that section shall continue to calculate the amounts to be distributed to the State and local governments, as though the transfer had not been made.

(Pub. L. 105–277, div. A, § 101(e) [title V, § 513], Oct. 21, 1998, 112 Stat. 2681–231, 2681–313.)

cite as: 16 USC 460lll-13