The fact that the assessment of pipeline facilities by the department includes costs accrued in the construction of that pipeline does not mean that the department is assessing and taxing construction equipment and machinery as such. The powers of municipalities under AS 29.53 to assess and tax property are preserved.

(Eff. 3/1/75, Register 53)

Authority: AS 43.05.080, AS 43.56.010, AS 43.56.210