2010 Michigan Compiled Laws
Chapter 211 - TAXATION OF REAL AND PERSONAL PROPERTY
Act 77 of 1951 - TAX ON LOW GRADE IRON ORE (211.621 - 211.626)

TAX ON LOW GRADE IRON ORE
Act 77 of 1951
AN ACT providing for the specific taxation of low grade iron ore, of low grade iron ore mining property, and of rights to minerals in lands containing low grade iron ores; to provide for the collection and distribution of the specific tax; to make an appropriation; and to prescribe the powers and duties of the state geologist and township supervisors and treasurers with respect to the specific tax.

History: 1951, Act 77, Imd. Eff. May 28, 1951 ;-- Am. 1959, Act 147, Eff. Mar. 19, 1960 ;-- Am. 1987, Act 277, Imd. Eff. Jan. 6, 1988
Compiler's Notes: Section 2 of Act 277 of 1987 provides: “This act shall be known and cited as the 'James Goulette iron ore recovery act of 1987'.”

• Section 211.621 - Definitions.
• Section 211.622 - Specific tax on mining property before production of ore or construction of plants.
• Section 211.623 - Specific tax on mining property after production of ore; determination of mine value; “lower lake price” defined.
• Section 211.624 - Minimum specific tax; entering land descriptions on separate roll; spreading and collecting specific tax; return and sale of property for nonpayment of taxes; valuation; property located in more than 1 township; distribution and use of sums collected; specific tax in lieu of ad valorem tax; determining proportion for disbursement and attribution of taxes; payment.
• Section 211.625 - Purpose of act.
• Section 211.626 - Appropriation; purpose.