(1) The department of revenue shall adopt rules for the implementation of 15-6-163 and this section, including:
- (a) the valuation of property and administration of property classified under 15-6-163; and
- (b) rules necessary for certification and compliance with 15-6-163.
- (2) The rules may include specifying procedures, including timeframes for application, and definitions necessary to identify property for compliance.
History: En. Sec. 2, Ch. 291, L. 2021.