Michigan § 211.626 Appropriation; purpose.

Michigan Statutes

§ 211.626 — Appropriation; purpose.

Michigan § 211.626

Ch. 211TAXATION OF REAL AND PERSONAL PROPERTY

Act 77 of 1951TAX ON LOW GRADE IRON ORE (211.621-211.626)

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Bluebook

Mich. Comp. Laws § 211.626 (2026).

Text

TAX ON LOW GRADE IRON ORE (EXCERPT) Act 77 of 1951 211.626 Appropriation; purpose. Sec.

6.There is appropriated from the general fund $1,651,000.00 for reimbursement of governmental units and school districts for the amount by which property tax revenue, excluding revenue included in the calculation of payments made under section 21(1) of the state school aid act of 1979, Act No. 94 of the Public Acts of 1979, being section 388.1621 of the Michigan Compiled Laws, is reduced as a result of the inclusion of a power generating facility or a portion of a power generating facility in the definition of lowgrade iron ore mining property.

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TAX ON LOW GRADE IRON ORE (EXCERPT) Act 77 of 1951 211.626 Appropriation; purpose. Sec. 6. There is appropriated from the general fund $1,651,000.00 for reimbursement of governmental units and school districts for the amount by which property tax revenue, excluding revenue included in the calculation of payments made under section 21(1) of the state school aid act of 1979, Act No. 94 of the Public Acts of 1979, being section 388.1621 of the Michigan Compiled Laws, is reduced as a result of the inclusion of a power generating facility or a portion of a power generating facility in the definition of lowgrade iron ore mining property.

Legislative History

Add. 1987, Act 277, Imd. Eff. Jan. 6, 1988 Compiler's Notes: Section 2 of Act 277 of 1987 provides: “This act shall be known and cited as the 'James Goulette iron ore recovery act of 1987'.”