MCL - Act 379 of 2006


QUALIFIED FOREST PROPERTY RECAPTURE TAX ACT

Act 379 of 2006

AN ACT to impose a state recapture tax on the change in use of certain qualified forest property; to provide for the administration of the recapture tax; to prescribe the powers and duties of certain state and local officers; to provide for the collection and distribution of the recapture tax; and to prescribe penalties and provide remedies.


History: 2006, Act 379, Imd. Eff. Sept. 27, 2006




The People of the State of Michigan enact:
Document Type Description
Section 211.1031 Section Short title.
Section 211.1032 Section Definitions.
Section 211.1033 Section Qualified forest property recapture tax; imposition.
Section 211.1034 Section Recapture tax; rate.
Section 211.1035 Section Recapture tax; collection; notification; credit of tax proceeds.
Section 211.1036 Section Administration of act.