HOUSE BILL No. 5985


     July 1, 1998, Introduced by Reps. Bobier, Hammerstrom, Goschka, Cropsey, Horton, Lowe, Bodem, Brackenridge, Quarles, Raczkowski and Voorhees and referred to the Committee on Forestry and Mineral Rights.


        A bill to amend 1929 PA 48, entitled

   "An act levying a specific tax to be known as the severance tax
   upon all producers engaged in the business of severing oil and
   gas from the soil; prescribing the method of collecting the tax;
   requiring all producers of such products or purchasers thereof to
   make reports; to provide penalties; to provide exemptions and
   refunds; to prescribe the disposition of the funds so collected;
   and to exempt those paying such specific tax from certain other
   taxes,"

   (MCL 205.301 to 205.317) by adding section 14a.

               THE PEOPLE OF THE STATE OF MICHIGAN ENACT:

 1         SEC. 14A.  THE REVENUE DESCRIBED IN SECTION 14(B) SHALL BE

 2    DISBURSED AS FOLLOWS:

 3         (A) FIFTY PERCENT TO THE COUNTY FROM WHICH THE OIL OR GAS

 4    WAS REMOVED.

 5         (B) FIFTY PERCENT TO THE CITY, VILLAGE, OR TOWNSHIP FROM

 6    WHICH THE OIL OR GAS WAS REMOVED.





   06523'98          Final page.                            JLB