00 Enrolled SB 73 01 Relating to a municipal property tax exemption for real property that is the primary residence 02 of certain widows and widowers; and providing for an effective date. 03 _______________ 04 * Section 1. AS 29.45.030(e) is amended to read: 05 (e) The real property owned and occupied as the primary residence and 06 permanent place of abode by a resident who is (1) 65 years of age or older; (2) a 07 disabled veteran; or (3) at least 60 years of age and the widow or widower of a person 08 who qualified for an exemption under (1) or (2) of this subsection is exempt from 09 taxation on the first $150,000 of the assessed value of the real property. A 10 municipality may by ordinance approved by the voters grant the exemption under this 11 subsection to the widow or widower under 60 years of age of a person who qualified 12 for an exemption under (2) of this subsection or to a resident who is the widow or 13 widower of a person who dies from a service-connected cause sustained while 01 serving as a member of the United States armed forces or as a member of the 02 National Guard. A municipality may, in case of hardship, provide for exemption 03 beyond the first $150,000 of assessed value in accordance with regulations of the 04 department. Only one exemption may be granted for the same property, and, if two or 05 more persons are eligible for an exemption for the same property, the parties shall 06 decide between or among themselves who is to receive the benefit of the exemption. 07 Real property may not be exempted under this subsection if the assessor determines, 08 after notice and hearing to the parties, that the property was conveyed to the applicant 09 primarily for the purpose of obtaining the exemption. The determination of the 10 assessor may be appealed under AS 44.62.560 - 44.62.570. A municipality shall 11 determine the eligibility requirements and application procedure for an optional 12 exemption provided under this subsection. In this subsection, "widow or 13 widower" means a person whose spouse has died and who has not remarried. 14 * Sec. 2. The uncodified law of the State of Alaska is amended by adding a new section to 15 read: 16 RETROACTIVITY. Section 1 of this Act is retroactive to January 1, 2013. 17 * Sec. 3. This Act takes effect immediately under AS 01.10.070(c).