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