2006 Michigan Compiled Laws - Act 68 of 1963


IRON ORE TAX

Act 68 of 1963

AN ACT providing for the specific taxation of underground beneficiated iron ore, underground agglomerated iron ore and related property; to provide for the collection and distribution of the specific tax; and to prescribe the powers and duties of the state geologist and certain township and city officials with respect thereto.


History: 1963, Act 68, Eff. Sept. 6, 1963




The People of the State of Michigan enact:

DocumentDescription
Section 207.271Specific taxation of underground beneficiated iron ore; definitions.
Section 207.272Specific taxation of underground beneficiated iron ore; computation formula; following completion of first agglomerating facility.
Section 207.273Specific taxation of underground beneficiated iron ore; computation of tax prior to completion of agglomerating or beneficiating facility.
Section 207.274Minimum tax.
Section 207.275State geologist; determination of tax, apportionment among taxing districts.
Section 207.276Curtailment and resumption of agglomeration or beneficiation.
Section 207.277Separate roll; spread of tax; nonpayment; distribution of collections.
Section 207.278Appeal.
Section 207.279Specific taxes in lieu of ad valorem taxes.

Disclaimer: These codes may not be the most recent version. Michigan may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.