MCL - 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
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Am. 1965, Act 299, Imd. Eff. July 22, 1965
| 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| Section 205.307-205.309 | Section | Repealed. 1980, Act 166, Eff.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| Section 205.316 | Section | Repealed. 1980, Act 166, Eff.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. |