Alaska Statutes
Article 1. Municipal Property Tax.
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 an individual
(1) who occupies and has occupied the property for at least 10 consecutive years as the individual's primary residence; and
(2) whose income is at or below federal poverty guidelines for the state set by the United States Department of Health and Human Services.
(b) An individual must apply for each year that a deferral is sought and supply proof of eligibility for the deferral for that year in accordance with requirements set out in the ordinance that authorizes the deferral. Taxes for a year that are deferred do not become payable until ownership of the property is transferred from the individual who obtained the deferral. A municipality that provides for a deferral of property taxes under this subsection may not impose interest on the taxes deferred between the time the deferral is granted and the time the taxes become payable.

Structure Alaska Statutes

Alaska Statutes

Title 29. Municipal Government

Chapter 45. Municipal Taxation

Article 1. Municipal Property Tax.

Sec. 29.45.010. Property tax.

Sec. 29.45.020. Taxpayer notice.

Sec. 29.45.030. Required exemptions.

Sec. 29.45.040. Property tax equivalency payments.

Sec. 29.45.046. River habitat protection tax credit.

Sec. 29.45.047. Air quality improvement tax credit.

Sec. 29.45.049. Energy efficient construction tax credit.

Sec. 29.45.050. Optional exemptions and exclusions.

Sec. 29.45.051. Tax deferral for certain subdivided property.

Sec. 29.45.052. Tax deferral for primary residences.

Sec. 29.45.053. Exemption for certain residences of law enforcement officers.

Sec. 29.45.055. Levy of flat tax on personal property.

Sec. 29.45.060. Farm or agricultural land.

Sec. 29.45.062. Land subject to a conservation easement.

Sec. 29.45.065. Assessment of private airports open for public use.

Sec. 29.45.070. Mobile homes.

Sec. 29.45.080. Tax on oil and gas production and pipeline property.

Sec. 29.45.090. Tax limitation.

Sec. 29.45.100. No limitations on taxes to pay bonds.

Sec. 29.45.101. Limitation on taxation of fuel.

Sec. 29.45.103. Taxation records.

Sec. 29.45.105. Errors in taxation procedures.

Sec. 29.45.110. Full and true value.

Sec. 29.45.120. Returns.

Sec. 29.45.130. Independent investigation.

Sec. 29.45.140. Violations; authorization to prescribe penalties by ordinance.

Sec. 29.45.150. Reevaluation.

Sec. 29.45.160. Assessment roll.

Sec. 29.45.170. Assessment notice.

Sec. 29.45.180. Corrections.

Sec. 29.45.190. Appeal.

Sec. 29.45.200. Board of equalization.

Sec. 29.45.210. Hearing.

Sec. 29.45.220. Supplementary assessment rolls.

Sec. 29.45.230. Tax adjustments on property affected by a disaster.

Sec. 29.45.240. Establishment of levy and determination of rate.

Sec. 29.45.250. Rates of penalty and interest.