MCL - Act 48 of 1929


Act 48 of 1929

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

The People of the State of Michigan enact:
Document Type Description
Section 205.301 Section Severance tax on oil or gas.
Section 205.302 Section Monthly reports; contents, form.
Section 205.303 Section Severance tax; rate; computing value of production; payment; lien; withholding; deduction; reimbursement; exception; carbon dioxide secondary or enhanced recovery projects.
Section 205.304 Section Production record, keeping, open to inspection; penalty.
Section 205.305 Section Report, contents.
Section 205.306 Section Administration of tax; conflicting provisions; rules; statute of limitations; assignment of claim against state prohibited.
Section 205.307-205.309 Section Repealed. 1980, Act 166, Eff. Sept. 17, 1980.
Section 205.310 Section Injunction.
Section 205.311 Section “Oil” and “gas” defined.
Section 205.311a Section "Carbon dioxide secondary or enhanced recovery project" defined.
Section 205.312 Section “Person” and “producer” defined.
Section 205.313 Section Receipt; contents.
Section 205.314 Section Taxes to accompany report; disposition of taxes, penalties, and costs; payment of credits for heating fuel costs.
Section 205.315 Section In lieu of other taxes; exceptions.
Section 205.316 Section Repealed. 1980, Act 166, Eff. Sept. 17, 1980.
Section 205.317 Section Information as to production; availability, conditions.