A bill to provide for payments in lieu of real property taxes, with respect to certain real property owned by the Federal Government.

[AI summary unavailable — showing source text] Requires the Federal Government, through the Administrator of General Services, to pay to the States and units of local government amounts equivalent to the property taxes that would be generated by federally owned land if such land were privately owned (in the case of any local government unit in which three percent or more of the land is federally owned).…