Sec. 9.
The specific taxes provided for in this act shall be in lieu of all ad valorem taxes upon the property to which the specific taxes apply, including, without limitation, the ore property, the beneficiating facilities, the agglomerating facilities, the ore in its natural state as mined, the beneficiated ore, the agglomerated ore, and the lands occupied by or used in connection with the mining, beneficiating, agglomerating and transporting of the underground ore.
History: 1963, Act 68, Eff. Sept. 6, 1963
Structure Michigan Compiled Laws
Act 68 of 1963 - Iron Ore Tax (207.271 - 207.279)
Section 207.271 - Specific Taxation of Underground Beneficiated Iron Ore; Definitions.
Section 207.274 - Minimum Tax.
Section 207.275 - State Geologist; Determination of Tax, Apportionment Among Taxing Districts.
Section 207.276 - Curtailment and Resumption of Agglomeration or Beneficiation.
Section 207.277 - Separate Roll; Spread of Tax; Nonpayment; Distribution of Collections.
Section 207.279 - Specific Taxes in Lieu of Ad Valorem Taxes.