Alaska Stat. § 29.45.080
Tax on oil and gas production and pipeline property
Find cases:
SyfertCases citing this section
AK-LEGakleg.gov
JustiaTitle on Justia
CornellLII Search
CasesGoogle Scholar
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 in (b) or (c) of this section.
(b) A municipality may levy and collect a tax on the full and true value of taxable property taxable under AS 43.56 as valued by the Department of Revenue at a rate not to exceed that which produces an amount of revenue from the total municipal property tax equivalent to $1,500 a year for each person residing in its boundaries.
(c) A municipality may levy and collect a tax on the full and true value of that portion of taxable property taxable under AS 43.56 as assessed by the Department of Revenue which value, when combined with the value of property otherwise taxable by the municipality, does not exceed the product of the percentage determined in (f) of this section of the average per capita assessed full and true value of property in the state multiplied by the number of residents of the taxing municipality.
(d) Each assessment year, a taxing municipality shall inform the Department of Revenue, by
(1) February 1, which method of taxation the municipality will use; and
(2) May 1, the
(A) total value of the municipality's locally assessed property tax base; and
(B) payment amount for the principal of and interest on bonds that the municipality intends to apply in its mill rate calculation for the fiscal year corresponding to the tax year for which the assessment method selected by the municipality under this section will apply.
(e) For purposes of this section, population shall be determined by the commissioner based on the latest statistics of the United States Bureau of the Census or on other reliable population data, and the commissioner shall advise each municipality of its population by January 15 of each year.
(f) The percentage in (c) of this section is based on the total tax rate established by the municipality and levied each year under AS 43.56.010(b) and is as follows:
If the tax rate determined under AS 43.56.010(b) is:The percentage is:
Not more than 18.0 mills375 percent
More than 18.0 mills but not more than 19.0 mills300 percent
More than 19.0 mills225 percent
(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 in (b) or (c) of this section.
(b) A municipality may levy and collect a tax on the full and true value of taxable property taxable under AS 43.56 as valued by the Department of Revenue at a rate not to exceed that which produces an amount of revenue from the total municipal property tax equivalent to $1,500 a year for each person residing in its boundaries.
(c) A municipality may levy and collect a tax on the full and true value of that portion of taxable property taxable under AS 43.56 as assessed by the Department of Revenue which value, when combined with the value of property otherwise taxable by the municipality, does not exceed the product of the percentage determined in (f) of this section of the average per capita assessed full and true value of property in the state multiplied by the number of residents of the taxing municipality.
(d) Each assessment year, a taxing municipality shall inform the Department of Revenue, by
(1) February 1, which method of taxation the municipality will use; and
(2) May 1, the
(A) total value of the municipality's locally assessed property tax base; and
(B) payment amount for the principal of and interest on bonds that the municipality intends to apply in its mill rate calculation for the fiscal year corresponding to the tax year for which the assessment method selected by the municipality under this section will apply.
(e) For purposes of this section, population shall be determined by the commissioner based on the latest statistics of the United States Bureau of the Census or on other reliable population data, and the commissioner shall advise each municipality of its population by January 15 of each year.
(f) The percentage in (c) of this section is based on the total tax rate established by the municipality and levied each year under AS 43.56.010(b) and is as follows:
If the tax rate determined under AS 43.56.010(b) is:The percentage is:
Not more than 18.0 mills375 percent
More than 18.0 mills but not more than 19.0 mills300 percent
More than 19.0 mills225 percent
Notes of Decisions
Cited in 13
cases (1 in the last 5 years), 1986–2024 · leading case: Bullock v. State, Department of Community & Regional Affairs
Bullock v. State, Department of Community & Regional Affairs (2001)
“INTRODUCTION In this appeal we address two tax statutes, AS 29.45.080 and AS 29.45.100, that apply to municipalities with significant oil and gas properties.”
State v. Schmidt (2014)
“085-provides in relevant part: (a) When an eligible person and his or her spouse occupy the same permanent place of abode, the reimbursement described in AS 29.45.080(g¢) applies, regardless of whether the property is held in the name of the husband, wife, or both.”
Polar Tankers, Inc. v. City of Valdez, Alaska (2009)
“040; Alaska Stat. §§29.45.080 (b), (c) (2008); §43.”
Matanuska-Susitna Borough v. Hammond (1986)
“045 as the renumbered section 29.45.080 in CSHB 72 (C & RA) to alter the substance or effect of that provision.”
BP Pipelines (Alaska) Inc. v. State, Department of Revenue (2014)
“” 2 AS 29.45.080(b). 3 AS 43.56.060(e). 4 AS 43.”
Bullock v. STATE, DEPT. OF COMM. AFFAIRS (2001)
“INTRODUCTION In this appeal we address two tax statutes, AS 29.45.080 and AS 29.45.100, that apply to municipalities with significant oil and gas properties.”
City of Valdez v. State, Dept. of Community & Regional Affairs (1990)
“AS 29.45.080. However, the municipality may tax oil and gas property only “at the rate of taxation that applies to other property taxed by the municipality.”
State, Department of Revenue v. BP Pipelines (Alaska) Inc. (2015)
“AS 29.45.080(b); AS 43.56.060(a). 3 . AS 43.”
Anchorage Baptist Temple v. Coonrod (2007)
“FACTS AND PROCEEDINGS The Alaska Legislature recently amended AS 29.45.080(b) to create a mandatory property tax exemption for educators' residences owned by "private religious or parochial" schools.”
Henash v. Fairbanks North Star Borough (2011)
“While the assessor and the superior court focused on the rental amounts, TCC argues that AS 29.45.080(c) exempts both properties because they are being leased by one statutorily-qualified nonprofit to another statutorily-qualified nonprofit for qualifying uses.”
City of Valdez v. State (2016)
“010(b) and AS 29.45.080, including issues of taxability.”
City of Valdez v. Prince William Sound Oil Spill Response Corporation, State of Alaska, Department of Revenue, and State (2024)
“010(b); AS 29.45.080. Property owners who pay taxes under AS 43.”
— Alaska Stat. § 29.45.080(a) — 2 cases
Bullock v. State, Department of Community & Regional Affairs (2001)
“INTRODUCTION In this appeal we address two tax statutes, AS 29.45.080 and AS 29.45.100, that apply to municipalities with significant oil and gas properties.”
Bullock v. STATE, DEPT. OF COMM. AFFAIRS (2001)
“INTRODUCTION In this appeal we address two tax statutes, AS 29.45.080 and AS 29.45.100, that apply to municipalities with significant oil and gas properties.”
— Alaska Stat. § 29.45.080(b) — 6 cases
BP Pipelines (Alaska) Inc. v. State, Department of Revenue (2014)
“” 2 AS 29.45.080(b). 3 AS 43.56.060(e). 4 AS 43.”
State, Department of Revenue v. BP Pipelines (Alaska) Inc. (2015)
“AS 29.45.080(b); AS 43.56.060(a). 3 . AS 43.”
Anchorage Baptist Temple v. Coonrod (2007)
“FACTS AND PROCEEDINGS The Alaska Legislature recently amended AS 29.45.080(b) to create a mandatory property tax exemption for educators' residences owned by "private religious or parochial" schools.”
Bullock v. State, Department of Community & Regional Affairs (2001)
“INTRODUCTION In this appeal we address two tax statutes, AS 29.45.080 and AS 29.45.100, that apply to municipalities with significant oil and gas properties.”
Bullock v. STATE, DEPT. OF COMM. AFFAIRS (2001)
“INTRODUCTION In this appeal we address two tax statutes, AS 29.45.080 and AS 29.45.100, that apply to municipalities with significant oil and gas properties.”
— Alaska Stat. § 29.45.080(c) — 5 cases
Bullock v. State, Department of Community & Regional Affairs (2001)
“INTRODUCTION In this appeal we address two tax statutes, AS 29.45.080 and AS 29.45.100, that apply to municipalities with significant oil and gas properties.”
BP Pipelines (Alaska) Inc. v. State, Department of Revenue (2014)
“” 2 AS 29.45.080(b). 3 AS 43.56.060(e). 4 AS 43.”
Bullock v. STATE, DEPT. OF COMM. AFFAIRS (2001)
“INTRODUCTION In this appeal we address two tax statutes, AS 29.45.080 and AS 29.45.100, that apply to municipalities with significant oil and gas properties.”
Henash v. Fairbanks North Star Borough (2011)
“While the assessor and the superior court focused on the rental amounts, TCC argues that AS 29.45.080(c) exempts both properties because they are being leased by one statutorily-qualified nonprofit to another statutorily-qualified nonprofit for qualifying uses.”
— Alaska Stat. § 29.45.080(e) — 2 cases
State v. Schmidt (2014)
“085-provides in relevant part: (a) When an eligible person and his or her spouse occupy the same permanent place of abode, the reimbursement described in AS 29.45.080(g¢) applies, regardless of whether the property is held in the name of the husband, wife, or both.”
Matanuska-Susitna Borough v. Hammond (1986)
“045 as the renumbered section 29.45.080 in CSHB 72 (C & RA) to alter the substance or effect of that provision.”
Annotations are extracted automatically from the opinions in the
Syfert caselaw corpus and ranked by authority, recency, and
treatment. Dots show Syfertize treatment of the citing case itself.