211.7qq Mineral-producing property; tax exemption; “mineral-producing property” and “mineral severance tax” defined.
Sec. 7qq.
Any mineral-producing property subject to the mineral severance tax under the nonferrous metallic minerals extraction severance tax act is exempt from the collection of taxes under this act. As used in this section, “mineral-producing property” and “mineral severance tax” mean those terms as defined in the nonferrous metallic minerals extraction severance tax act.
History: Add. 2012, Act 409, Imd. Eff. Dec. 20, 2012
Popular Name: Act 206