Sec. 13.
This act shall take effect immediately upon the repeal of the tax imposed by and paid to the United States on real estate transfer under the provisions of section 4361 of subchapter C of chapter 34 of the United States internal revenue code of 1954 as amended.
History: 1966, Act 134, Eff. Jan. 1, 1968
Structure Michigan Compiled Laws
Act 134 of 1966 - Real Estate Transfer Tax (207.501 - 207.513)
Section 207.501 - Real Estate Transfer Tax; Definitions.
Section 207.502 - Instruments Executed Within State Subject to Tax.
Section 207.503 - Instruments Executed Outside State Subject to Tax.
Section 207.504 - Rate of Tax; Statement on Face of Written Instrument; Affidavit.
Section 207.506 - Bankruptcy or Insolvency Proceedings; Transfer to Receivers.
Section 207.507 - Documentary Stamps; Purchase, Methods of Affixation, Cancellation.
Section 207.508 - Preparation of Stamps; Duty of Treasurer, Use of Tax Meter Machine.
Section 207.509 - Revenue, Disposition; Credit to General Fund.
Section 207.510 - Tax to Be Paid Only Once; Exemptions; New Consideration.
Section 207.511 - Recording, Requirements; Detachment of Affidavit; Use.