For Immediate Release
Dec. 21, 2012
Contact: Marty Fittante
Severance Legislation Signed
LANSING, Mich.— State Sen. Tom Casperson, R-Escanaba, and Humbolt Township Supervisor Joe Derocha look on as Gov. Rick Snyder signs the “Michigan Nonferrous Metallic Minerals Extraction Severance Act” into law, sponsored by Rep. Matt Huuki, R-Atlantic Mine.
“This is transformative legislation that will have far-reaching implications as it is simple, fair and transparent and, as such, is sure to attract mining companies to explore and invest in the Upper Peninsula, creating good-paying jobs and inspiring economic development in the region,” said Casperson.
“Sen. Casperson saved the day with his extraordinary efforts in helping draft and pass legislation that was fair to the area and the U.P.,” said Derocha. “This landmark legislation reflects sound tax policy that is fair and not only helps move the U.P. forward but also helps local units of government and those we serve meet the many demands that are placed on them.”