Alaska Statutes
Article 1. Municipal Property Tax.
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 assessed on the basis of full and true value for use subject to the conservation easement and may not be assessed as though it was not subject to the conservation easement. The assessor shall maintain records valuing the land for both full and true value and value subject to the conservation easement. The municipality may, by ordinance, require that if the land is sold, leased, or otherwise disposed of for uses incompatible with the conservation easement or if the conservation easement is conveyed to the owner of the property, the owner shall pay to the municipality an amount equal to the additional tax at the current mill levy together with eight percent interest for the preceding 10 years, as though the land had not been assessed subject to the conservation easement.
(b) To secure the assessment under this section, an owner of land subject to a conservation easement shall apply to the assessor before May 15 of each year in which the assessment is desired. The application must be made upon forms prescribed by the assessor and must include information that may reasonably be required to determine the entitlement of the applicant.

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.