The state court of tax appeals shall have the following powers and duties:

1. (a) To hear appeals from the director of taxation and the director of property valuation on rulings and interpretations by said directors, except where different provision is made by law;
2. (b) to hear appeals from the director of property valuation on the assessment of state assessed property;
3. (c) to adopt rules and regulations relating to the performance of its duties and particularly with reference to procedure before it on hearings and appeals; and
4. (d) such other powers as may be prescribed by law.

L. 1957, ch. 429, § 5; L. 1972, ch. 342, § 79; L. 2008, ch. 109, § 13; July 1.