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Increased Funds to Counties With Blocks of U.S. Land
President Ford signed a bill to pay roughly 1,000 counties in 40 states more for large blocks of federal land exempt from local taxes. The plan caps payments at 1 million dollars per county and offers 75 cents per acre or a flat 10 cents per acre after deductions. The measure favors western states with grazing lands, parks, and reservoirs, and excludes Alaska lands and wildlife refuges.
MENTIONED IN THIS ARTICLE
Washington
Ford
GOP
Senate
Glan Secant
Interational Monetary Fund
International Monetary System