Title 42 — Taxation

The assessed valuation of class one property described in section 42-12001 is the following percentage of its full cash value or limited valuation, as applicable: 1. Twenty-five percent through December 31, 2005. 2. Twenty-four and one-half percent beginning from and after Decemb…

The following percentages apply to the full cash value or limited valuation, as applicable, as a basis for determining the assessed valuation of class two property described in section 42-12002: 1. Class two (R): sixteen percent through December 31, 2015 and fifteen percent begin…

The assessed valuation of class three property described in section 42-12003 is ten per cent of its full cash value or limited valuation, as applicable.

The assessed valuation of class four property described in section 42-12004 is ten per cent of its full cash value or limited valuation, as applicable.

The director shall annually determine percentages to apply as a basis for determining the assessed valuation of class five property described in section 42-12005 equal to the ratios that the total net assessed valuation of all taxable property for primary and secondary tax purpos…

[Repealed or reserved.]

The assessed valuation of class seven property described in section 42-12007 is the percentage of value prescribed for class one property by section 42-15001, except that modifications intended to restore and rehabilitate the historic property as approved by the state historic pr…

The assessed valuation of class eight property described in section 42-12008 is the percentage of value prescribed for class four property by section 42-15004, except that modifications intended to restore and rehabilitate the historic property as approved by the state historic p…

The assessed valuation of class nine property described in section 42-12009 is one per cent of its full cash value or limited valuation, as applicable.

A. In preparing the tax rolls, the county assessor shall apply the appropriate percentage to the full cash value or limited property value of property, as applicable, to show the assessed valuation. B. If a parcel of property has more than one percentage applied to its full cash …

Unless otherwise provided by law, property is assessed for taxes levied under this title when its valuation is determined and lawfully placed on the roll.

The county assessor may: 1. Demand from each person or firm or from the president, cashier, treasurer or managing agent of each corporation or association that owns, claims, controls or possesses property in the county a correct report under oath or affirmation of all property in…

A. On or before February 1 of each year, the assessor shall mail a form, notice or demand to each person that owns or has charge or control of taxable personal property in this state. Each person shall prepare and deliver to the assessor a correct report of property on or before …

A. If a person refuses on demand to give under oath or affirmation the report as required by section 42-15052 or 42-15053, or if the owner of property that is not reported by another person is absent or unknown, the assessor shall fill out a report for that person and shall inclu…

A. A person who knowingly fails to file any report of taxable property that is required by this article or to supply any information that is required by the assessor or the deputy assessor or who knowingly makes, renders, signs or verifies any false or fraudulent information is g…

Each city, town, county or other governmental entity that requires that a building permit be issued to construct or add to residential or commercial buildings shall notify the county assessor in writing: 1. Of the parcel number for which the permit is issued at the time the permi…

If two or more contiguous lots, tracts of land or patented mines are owned by the same person, they may be jointly assessed and one valuation may be determined for the whole.

Each item of property in an assessment is liable for the taxes on all items of personal property in the same assessment.

For purposes of taxation the following personal property is considered to be the property of the person in possession: 1. Personal property in possession of a fiduciary. 2. Personal property that is mortgaged or pledged.

If solvent debts are assessed, the person against whom they are assessed may deduct the person's liabilities from the amount of the debts.

A. Water ditches that are constructed for mining, manufacturing or irrigation purposes and toll roads shall be valued in the same manner as real property at a rate per mile for the portion that lies in each county. B. Each county assessor shall list water ditches and toll roads a…

A. Except as provided in section 42-11126, range livestock shall be assessed, and the taxes levied against the livestock shall be collected, as taxes on real property. B. The assessment constitutes a lien for taxes on all livestock under the same brand. If the owner of a brand se…

A. The county assessor shall not: 1. Value or assess personal property construction work in progress until the construction work has progressed to a sufficient degree for the personal property to be useful for the purpose for which it is being constructed. 2. Place personal prope…

A. Clean rooms that are used for manufacturing, processing, fabrication or research and development of semiconductor products shall be valued and assessed as tangible personal property. B. For purposes of this section, "clean room" means all property that comprises or creates an …

B. The notice under this section shall be in writing and shall be mailed, delivered by common carrier, or on request of the taxpayer transmitted electronically to the person's last known mailing, delivery or electronic address. With respect to any property transferred by a benefi…

A. The assessor shall include in the assessment notice: 1. The full cash value found by the assessor for the property for the preceding valuation year. 2. The classification of the property pursuant to chapter 12 of this title. 3. The mailing date of the notice. 4. The last date …

The notice form shall: 1. Prominently display a statement for all residential properties that: (a) Defines class three properties as described in section 42-12003. (b) Informs property owners that if the property listed on the notice does not meet the description provided pursuan…

A person who is not satisfied with the valuation or classification of the person's property determined by the assessor may: 1. Petition the assessor for review pursuant to chapter 16, article 2 of this title. 2. Appeal to tax court pursuant to section 42-16201.

For property that is valued by the assessor, in the case of new construction, additions to, deletions from or splits or consolidations of assessment parcels and changes in property use that occur after September 30 of the preceding year and before October 1 of the valuation year:…

The county assessor shall prepare the assessment roll in the form and containing the information prescribed by the department.

A. In addition to all other property that is required by law to be placed on the roll, all real property that is subject to the jurisdiction of this state, regardless of ownership or by whom it is claimed, possessed or controlled, and regardless of whether it is exempt from taxat…

A. On or before December 20 of each year, the county assessor shall complete the assessment roll and attach the assessor's certificate to the roll with a cross-index of all property listed in the roll, showing the ownership of the property and all assessment lists from which the …

A. On or before January 20 of each year, the clerk of the board of supervisors shall make an abstract of the roll containing the valuations by taxing jurisdictions of all property in the county including: 1. The total personal property tax roll as provided by section 42-17053. 2.…

A. The department shall prepare an abstract containing the valuation by county and taxing jurisdiction of all property that is subject to property taxation in this state. B. Before April 30 the department shall transmit copies of the statewide abstract to the state or county boar…

A. If a property is destroyed after the county assessor closes the rolls, the property owner may file a notice of claim pursuant to section 42-16254 or the county assessor may issue a notice of proposed correction pursuant to section 42-16252 to prorate the valuation of the prope…

In this article, unless the context otherwise requires: 1. "Mobile home" has the same meaning prescribed in section 42-19151. 2. "Permanently affixed" means the installation of a mobile home on real property that is owned by the owner of the mobile home.

A mobile home that has been permanently affixed to real property and for which an affidavit of affixture has been recorded pursuant to this article shall be assessed as real property.

A. A person who owns a mobile home that is permanently affixed to real property may file an affidavit of affixture with the county recorder of the county in which the real property is located. B. An affidavit of affixture shall contain all of the following: 1. The vehicle identif…

After the affidavit of affixture has been recorded, the mobile home shall remain on the personal property tax roll until the next real and personal property tax rolls are prepared, at which time the mobile home shall be transferred from the personal property tax roll to the real …

Liens on permanently affixed mobile homes that are assessed under this article shall be perfected either in the manner provided by law for perfecting real property liens or in the manner provided by law for perfecting security interests in fixtures.

In this article, unless the context otherwise requires, "remote municipal property" means either: 1. Property that is owned by a city, town or successor political subdivision and that is not located in the county in which all or part of the city, town or political subdivision is …

A. The county assessor shall determine the full cash value and assessed valuation of remote municipal property at the same amount and using the same method of assessment as applied to private property that is used for the same purpose in the county. B. Remote municipal property t…

A. On or before the third Thursday in August, the county board of supervisors shall compute and report to the city, town or political subdivision the amount of property taxes that would otherwise be payable on the city's, town's or political subdivision's remote municipal propert…

A. If the municipality conveys the title to the remote municipal property to private ownership, a political subdivision that receives property taxes from the property, and that has outstanding bonds or other long-term obligations that are secured by water transportation revenues …

In this article, unless the context otherwise requires, "possessory improvement" means all residential, commercial and industrial buildings, together with appurtenant awnings, decks, docks, garages, carports, storage or other incidental buildings, located on federal, state, count…

The assessor shall use standard appraisal methods and techniques to value possessory improvements.

The limited property value of possessory improvements shall be calculated pursuant to chapter 13, article 7 of this title and is not subject to the exemption for personal property as set forth in section 42-13304.

A. Ownership of improvements on government property shall be considered sufficient security for the payment of taxes levied thereon and may be placed on the real property roll. B. If the tax on any possessory improvement remains unpaid at the date set for selling the real propert…

This article does not alter the definition of, or the characteristics used to determine ownership under applicable law.