SENATE BILL NO. 136 January 27, 1999, Introduced by Senators NORTH, KOIVISTO, MC MANUS and BENNETT and referred to the Committee on Economic Development, International Trade and Regulatory Affairs. 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 14b. THE PEOPLE OF THE STATE OF MICHIGAN ENACT: 1 SEC. 14B. THE REVENUE DESCRIBED IN SECTION 14(B) SHALL BE 2 USED BY THE COUNTY, CITY, VILLAGE, OR TOWNSHIP ONLY FOR THE FOL- 3 LOWING PURPOSES: 4 (A) ROAD IMPROVEMENTS. 5 (B) PUBLIC ENVIRONMENTAL PROJECTS. 6 (C) RECLAMATION OF CONTAMINATED OR DAMAGED LAND. 01490'99 Final page. JLB