Alaska Statutes Title 29, Chapter 29.45, Article 01 - Municipal Property Tax

• Sec. 29.45.010 Property Tax.
  (a) A unified municipality may levy a property tax. A borough may levy(1) an areawide property tax for areawide functions;(2) a nonareawide property tax...
• Sec. 29.45.020 Taxpayer Notice.
  (a) If a municipality levies and collects property taxes, the governing body shall provide the following notice:"NOTICE TO TAXPAYERFor the current fiscal year the...
• Sec. 29.45.030 Required Exemptions.
  (a) The following property is exempt from general taxation:(1) municipal property, including property held by a public corporation of a municipality, state property, property...
• Sec. 29.45.040 Property Tax Equivalency Payments.
  (a) A resident of the state who rents a permanent place of abode is eligible for a tax equivalency payment from the state through...
• Sec. 29.45.045 Reimbursement Payments. [Repealed, Sec. 6 Ch 70 Sla 1986].
  Repealed or Renumbered
• Sec. 29.45.046 River Habitat Protection Tax Credit.
  (a) Unless prohibited by municipal charter, a municipality may by ordinance provide for a river habitat protection credit to be applied to offset a...
• Sec. 29.45.048 Air Quality Improvement Tax Credit [Repealed, Sec. 2, Ch. 26, Sla 2009, Effective January 1, 2016].
  A municipality that includes within its boundaries an area that fails to meet federal or state air quality standards for fine particles that are...
• Sec. 29.45.050 Optional Exemptions and Exclusions.
  (a) A municipality may exclude or exempt or partially exempt residential property from taxation by ordinance ratified by the voters at an election. An...
• Sec. 29.45.051 Tax Deferral for Certain Subdivided Property.
  (a) A municipality may by ordinance permit deferral of payment of taxes on all or a portion of the increase in assessed value directly...
• Sec. 29.45.052 Tax Deferral for Primary Residences.
  (a) A municipality may by ordinance provide for the deferral of all taxes on property that is owned, in whole or in part, by...
• Sec. 29.45.053 Exemption for Certain Residences of Law Enforcement Officers.
  (a) A municipality may, by ordinance, provide for the designation of areas within its boundaries that are eligible for tax exemptions on parcels of...
• Sec. 29.45.055 Levy of Flat Tax on Personal Property.
  (a) A municipality may by ordinance levy a flat tax on personal property that has been totally exempted from ad valorem taxes under AS...
• Sec. 29.45.060 Farm or Agricultural Land.
  (a) Farm use land included in a farm unit and not dedicated or being used for nonfarm purposes shall be assessed on the basis...
• Sec. 29.45.062 Land Subject to a Conservation Easement.
  (a) Land that is subject to a conservation easement created under AS 34.17.010 - 34.17.060 and used consistent with the conservation easement shall be...
• Sec. 29.45.065 Assessment of Private Airports Open for Public Use.
  (a) A municipality may provide by ordinance that airports located on private land and open and available for public use may be assessed at...
• Sec. 29.45.070 Mobile Homes.
  Mobile homes, trailers, house trailers, trailer coaches, and similar property used or intended to be used for residential, office, or commercial purposes and permanently...
• Sec. 29.45.080 Tax on Oil and Gas Production and Pipeline Property.
  (a) A municipality may levy and collect taxes on taxable property taxable under AS 43.56 only by using one of the methods set out...
• Sec. 29.45.090 Tax Limitation.
  (a) A municipality may not, during a year, levy an ad valorem tax for any purpose in excess of three percent of the assessed...
• Sec. 29.45.100 No Limitations on Taxes to Pay Bonds.
  The limitations provided for in AS 29.45.080 - 29.45.090 do not apply to taxes levied or pledged to pay or secure the payment of...
• Sec. 29.45.101 Limitation on Taxation of Fuel.
  A municipality may not levy or collect a property tax under AS 29.45.010 or 29.45.055 on refined fuel unless the fuel has been physically...
• Sec. 29.45.103 Taxation Records.
  (a) Municipal records dealing with assessment, valuation, or taxation may be inspected by the state assessor or a designee.(b) If a municipality's assessment and...
• Sec. 29.45.105 Errors in Taxation Procedures.
  (a) If a municipality receives a notice from the state assessor that major errors have been found in its assessment, valuation, or taxation procedures,...
• Sec. 29.45.110 Full and True Value.
  (a) The assessor shall assess property at its full and true value as of January 1 of the assessment year, except as provided in...
• Sec. 29.45.120 Returns.
  (a) The municipality may require each person having ownership or control of or an interest in property to submit a return in the form...
• Sec. 29.45.130 Independent Investigation.
  (a) The assessor is not bound to accept a return as correct. The assessor may make an independent investigation of property returned or of...
• Sec. 29.45.140 Violations; Authorization to Prescribe Penalties by Ordinance.
  For knowingly failing to file a tax statement required by ordinance or knowingly making a false affidavit to a statement required by a tax...
• Sec. 29.45.150 Reevaluation.
  A systematic reevaluation of taxable real and personal property undertaken by the assessor, whether of specific areas in which real property is located or...
• Sec. 29.45.160 Assessment Roll.
  (a) The assessor shall prepare an annual assessment roll. The roll must contain(1) a description of all property subject to an ad valorem tax;(2)...
• Sec. 29.45.170 Assessment Notice.
  (a) The assessor shall give each person named in the assessment roll a notice of assessment showing the assessed value of the person's property...
• Sec. 29.45.180 Corrections.
  (a) A person receiving an assessment notice shall advise the assessor of errors or omissions in the assessment of the person's property. The assessor...
• Sec. 29.45.190 Appeal.
  (a) A person whose name appears on the assessment roll or the agent or assigns of that person may appeal to the board of...
• Sec. 29.45.200 Board of Equalization.
  (a) The governing body sits as a board of equalization for the purpose of hearing an appeal from a determination of the assessor, or...
• Sec. 29.45.210 Hearing.
  (a) If an appellant fails to appear, the board of equalization may proceed with the hearing in the absence of the appellant.(b) The appellant...
• Sec. 29.45.220 Supplementary Assessment Rolls.
  The assessor shall include property omitted from the assessment roll on a supplementary roll, using the procedures set out in this chapter for the...
• Sec. 29.45.230 Tax Adjustments on Property Affected by a Disaster.
  (a) The municipality may by ordinance provide for assessment or reassessment and reduction of taxes for property destroyed, damaged, or otherwise reduced in value...
• Sec. 29.45.240 Establishment of Levy and Determination of Rate.
  (a) The power granted to a municipality to assess, levy, and collect a property tax shall be exercised by means of an ordinance. The...
• Sec. 29.45.250 Rates of Penalty and Interest.
  (a) A penalty not to exceed 20 percent of the tax due may be added to all delinquent taxes, and interest not to exceed...

Last modified: November 15, 2016