Extends the provisions of accepting payment in lieu of taxes for property acquired for parks or recreational purposes

This bill extends the expiration date of a tax provision allowing counties to accept payments in lieu of property taxes for land acquired for parks or recreational use. It updates the law from expiring June 30, 2025, to June 30, 2030, ensuring counties can continue using this payment method for such acquisitions. The change directly affects local governments managing public park lands and recreational properties.