Mich. Comp. Laws § 205.301
Severance tax on oil or gas.
There is hereby levied upon each producer engaged in the business of severing from the soil, oil or gas, a specific tax to be known as the severance tax.
Michigan Compiled Laws — SEVERANCE TAX ON OIL OR GAS (Act 48 of 1929)
Michigan · statute · 48 of 1929, Mich. Comp. Laws · 14 active provisions
Mich. Comp. Laws § 205.302
Monthly reports; contents, form.
(1) Every corporation, association, person, common carrier, pipe line company or common purchaser, who shall receive or purchase or transport any such oil or gas, shall make a report on or before the twenty-fifth day of each month in the form and manner required by the department of revenue, showing the total amount of…
Mich. Comp. Laws § 205.303
Severance tax; rate; computing value of production; payment; lien; withholding; deduction; reimbursement; exception; carbon dioxide secondary or enhanced recovery projects.
(1) Except as provided in subsections (2), (3), and (4), the severance tax required to be paid by each producer at the time of rendering each monthly report, or by a pipeline company, common carrier, or common purchaser, for and on behalf of a producer, shall be in the amount of 5% of the gross cash market value of the…
Mich. Comp. Laws § 205.304
Production record, keeping, open to inspection; penalty.
Each corporation, association or person mentioned and included in sections 1 and 2 of this act shall make, keep and preserve a full and complete record of all such oil produced in this state during the time so engaged in its production, and said record shall be open at all times to the inspection of the Michigan tax co…
Mich. Comp. Laws § 205.305
Report, contents.
In each report required to be made by this act, such corporation, association or person making the same shall show in detail the disposition made of any such oil or gas. Said report shall show to whom any such oil or gas was sold or delivered to each, and shall show the name and location of the person, refinery, pipe l…
Mich. Comp. Laws § 205.306
Administration of tax; conflicting provisions; rules; statute of limitations; assignment of claim against state prohibited.
(1) The tax imposed by this act shall be administered by the revenue commissioner of the department of treasury, under Act No. 122 of the Public Acts of 1941, as amended, being sections 205.1 to 205.19 of the Michigan Compiled Laws, and this act. In case of conflict between Act No. 122 of the Public Acts of 1941, as am…
Mich. Comp. Laws § 205.310
Injunction.
Upon a bill being filed under the direction of the attorney general in the circuit court for the county of Ingham, that court shall have power to restrain by injunction, any corporation, association or person who has failed to comply with any of the provisions of this act and in the same manner to restrain any corporat…
Mich. Comp. Laws § 205.311
“Oil” and “gas” defined.
(1) The word "oil" as used in this act means petroleum oil, mineral oil, or other oil taken from the earth. (2) "Gas" as used in this act does not include methane gas extracted from a landfill.
Mich. Comp. Laws § 205.311a
"Carbon dioxide secondary or enhanced recovery project" defined.
As used in this act, "carbon dioxide secondary or enhanced recovery project" means operations designed to increase the amount of oil or gas recoverable from a reservoir by injection of carbon dioxide, either alone or as a primary component of a mixture with other substances, provided the project has been approved as a…
Mich. Comp. Laws § 205.312
“Person” and “producer” defined.
(1) "Person" as used in this act shall include any person, firm, concern, receiver, receivers, trustee, executor, administrator, agent, institution, association, partnership, company, corporations, and persons acting under declarations of trust. (2) "Producer" as used in this act means a person who owns, or is entitled…
Mich. Comp. Laws § 205.313
Receipt; contents.
Any corporation, association or person paying any tax, penalty or cost under the provisions of this act, to the state tax commission shall be entitled to a receipt for the same, showing the time of payment and the purpose for which paid.
Mich. Comp. Laws § 205.314
Taxes to accompany report; disposition of taxes, penalties, and costs; payment of credits for heating fuel costs.
(1) All taxes shall accompany the report provided for in section 2. Except as provided in subsection (2), all taxes, penalties, or costs paid to the state treasurer under this act shall be paid into the state treasury and shall be credited as follows: (a) Two percent of the revenue received during each fiscal year, but…
Mich. Comp. Laws § 205.315
In lieu of other taxes; exceptions.
The severance tax herein provided for shall be in lieu of all other taxes, state or local, upon the oil or gas, the property rights attached thereto or inherent therein, or the values created thereby; upon all leases or the rights to develop and operate any lands of this state for oil or gas, the values created thereby…
Mich. Comp. Laws § 205.317
Information as to production; availability, conditions.
The department of revenue may provide information to any person as to the quantities of oil or gas purchased or reported when the department is satisfied that the information will be used for public or petroleum industry educational or research purposes.