Section 205.301 - Severance tax on oil or gas.
SEVERANCE TAX ON OIL OR GAS (EXCERPT)
Act 48 of 1929
205.301 Severance tax on oil or gas.
Sec. 1.
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.
History: 1929, Act 48, Eff. Aug. 28, 1929 ;-- CL 1929, 3604 ;-- CL 1948, 205.301 ;-- Am. 1965, Act 299, Imd. Eff. July 22, 1965