42-13354. Assessing personal property
construction work in progress; definition


A. The county assessor shall not value or assess personal property construction
work in progress until the construction work has progressed to a sufficient degree for
the personal property to be useful for the purposes for which it is being constructed.


B. For the purposes of this section, "personal property construction work in
progress" means the amount spent and entered on the taxpayer's accounting records as of
December 31 of the preceding calendar year as construction work in progress.