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2022 Michigan Compiled Laws
Chapter 205 - Taxation
Act 48 of 1929 - Severance Tax on Oil or Gas (205.301 - 205.317)
AN ACT levying a specific tax to be known as the severance tax upon all producers engaged in the business of severing oil and gas from the soil; prescribing the method of collecting the tax; requiring all producers of such products or purchasers thereof to make reports; to provide penalties; to provide exemptions and refunds; to prescribe the disposition of the funds so collected; and to exempt those paying such specific tax from certain other taxes.
History: 1929, Act 48, Eff. Aug. 28, 1929 ;-- Am. 1965, Act 299, Imd. Eff. July 22, 1965
- Section 205.301 - Severance Tax on Oil or Gas.
- Section 205.302 - Monthly Reports; Contents, Form.
- Section 205.303 - Severance Tax; Rate; Computing Value of Production; Payment; Lien; Withholding; Deduction; Reimbursement; Exception; Carbon Dioxide Secondary or Enhanced Recovery Projects.
- Section 205.304 - Production Record, Keeping, Open to Inspection; Penalty.
- Section 205.305 - Report, Contents.
- Section 205.306 - Administration of Tax; Conflicting Provisions; Rules; Statute of Limitations; Assignment of Claim Against State Prohibited.
- Section 205.307-205.309 - Repealed. 1980, Act 166, Eff. Sept. 17, 1980.
- Section 205.310 - Injunction.
- Section 205.311 - “Oil” and “Gas” Defined.
- Section 205.311a - "Carbon Dioxide Secondary or Enhanced Recovery Project" Defined.
- Section 205.312 - “Person” and “Producer” Defined.
- Section 205.313 - Receipt; Contents.
- Section 205.314 - Taxes to Accompany Report; Disposition of Taxes, Penalties, and Costs; Payment of Credits for Heating Fuel Costs.
- Section 205.315 - In Lieu of Other Taxes; Exceptions.
- Section 205.316 - Repealed. 1980, Act 166, Eff. Sept. 17, 1980.
- Section 205.317 - Information as to Production; Availability, Conditions.
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