42-14151. Annual determination of valuation; definition A. The department shall annually determine the valuation, in the manner prescribed by this article, of all property, owned or leased, and used by taxpayers in the following businesses: 1. Operation of a natural gas distribution system. 2. Operation of a water utility system. 3. Operation of a sewer […]
42-14152. Annual report for determining valuation; failure to file; penalty; forfeiture of appeal rights A. Except as provided by section 42-14155, on or before April 1 of each year, each company that is valued pursuant to this article shall file a report with the department, under oath, stating the information that the department requires to […]
42-14153. Determining and reporting valuation A. On or before August 31 of each year the department shall find the full cash value of the property of each property that is listed in section 42-14151 and that operates in this state. B. On or before November 30 the department shall transmit to the respective county assessors: […]
42-14154. Computing valuation of electric transmission, electric distribution, gas distribution, combination gas and electric transmission and distribution, and transmission and distribution cooperative property; definitions A. The valuation of all electric transmission, electric distribution, gas distribution, combination gas and electric transmission and distribution, and transmission and distribution cooperative property that is subject to valuation for tax […]
42-14155. Valuation of renewable energy and storage equipment; definitions A. Through December 31, 2040, the department shall determine the full cash value of taxable renewable energy and storage equipment in the manner prescribed by this section. B. The full cash value of renewable energy and storage equipment is twenty percent of the depreciated cost of […]
42-14156. Computing valuation of electric generation facilities; definitions A. The valuation of electric generation facilities referred to in section 42-14151, subsection A, paragraph 4 shall be determined as follows: 1. The value of land used in operating the facility shall be the cost to the current owner as of December 31 of the preceding calendar […]
42-14157. Allocation of electric transmission, distribution and generation values among taxing jurisdictions; definition A. The value of property computed under sections 42-14154, 42-14156 and 42-14159 shall be allocated among the various taxing jurisdictions as follows: 1. Combine the values for plant in service and materials and supplies pursuant to section 42-14154 or 42-14159 with the […]
42-14158. Existing generation facilities; computing adjusted original cost; computing full cash value; definitions A. To achieve equity in the full cash values of existing and new electric generation facilities, the department shall compute adjusted original costs for existing generation facilities in lieu of actual cost for use in determining the full cash values in accordance […]
42-14159. Computing valuation of distribution cooperatives; standard market value factor; definitions A. The department shall determine the valuation of the electric distribution and transmission property of a distribution cooperative as defined in section 42-14154 that is operating in this state as follows: 1. Compute the value of the property pursuant to section 42-14154, subsection B. […]
