Though PILT payments have been made consistently since 1976, they are not guaranteed. On January 1983, the Nuclear Waste Policy Act was enacted under which evolved the Payment Equal to Taxes program. For PETT payments, the DOE must have a geographic presence in the county. The Payments Equal to Taxes provided to Clark, and Nye Counties. Since the payments are titled as equal to taxes, the federal government does not classify PETT revenues as a true tax.
Lands owned by the state of Nevada also generate revenues to the state.
Property which is owned and administered directly by the Nevada Division of Lands generate funds which are deposited annually to the State General Fund Account. Revenue is generated from a variety of activities in the 24 State Parks. All funds are deposited in a separate State Parks Account of the General Fund. Conclusions Western states receive a majority of federal-land based payments primarily due to large federal land acreage. The disparity in payments is a result of the PILT formula which incorporates resident populations, entitlement acres and the previous years revenue sharing payments.