Michigan Compiled Laws
Chapter 211 - Taxation of Real and Personal Property
Act 410 of 2012 - Nonferrous Metallic Minerals Extraction Severance Tax Act (211.781 - 211.791)

Section 211.781 - Short Title. - Sec. 1. This act shall be known and may be...

Section 211.782 - Definitions. - Sec. 2. As used in this act: (a) "Beneficiation" means...

Section 211.783 - Mineral and Right, Claim, Lease, or Option; Tax Exemption; Shaft, Incline, Adit, or Value of Overburden Stripping at Open Mine; Tax Exemption. - Sec. 3. Beginning December 31, 2012, any mineral and any...

Section 211.784 - Minerals Severance Tax; Levy; Other Tax Exemptions; Rate; Computation of Taxable Mineral Value; Payment; Transfer or Purchase of Mineral; Tax Credit for Open Mines Opened Between January 1, 2011 and June 30, 2013; First Year of Tax... - Sec. 4. (1) The minerals severance tax is levied on...

Section 211.785 - Preparation and Submission of Report by Taxpayer. - Sec. 5. Each year, a taxpayer shall prepare and submit...

Section 211.786 - Mineral-Producing Property; Determination by Department; Notification That Property No Longer Mineral-Producing Property; Notification; List to Be Provided by State Geologist; Notice of Ceased Operations. - Sec. 6. (1) The department shall determine when property is...

Section 211.787 - Record to Be Prepared, Kept, and Preserved by Taxpayer; Inspection; Publication of Value of All Minerals. - Sec. 7. (1) Each taxpayer shall prepare, keep, and preserve...

Section 211.788 - Rules. - Sec. 8. The department may promulgate rules to implement this...

Section 211.789 - Minerals Severance Tax; Allocation by Department; Collection by Local Tax Collecting Unit; Distribution; Report of Collections and Distributions; Remittance of Portion to Department for Deposit in Rural Development Fund; Modificatio... - Sec. 9. (1) The department shall allocate the minerals severance...

Section 211.790 - Restraining Order. - Sec. 10. Unless the minerals severance tax is being contested...

Section 211.791 - Administration of Tax by Department. - Sec. 11. The minerals severance tax levied under this act...