(1) Repealed.
(2) In the specific case of a telegraph company, the administrator shall:
(a) Determine, as of the last day of December of each year, the actual value
of such company as a unit, or of its property and plant within this state, in the
manner provided in section 39-4-102;
(b) Allocate to this state, if the actual value of such company is determined
as a unit, that proportion of such actual value as in his judgment accurately
represents the value of the property and plant of such company within this state,
utilizing commonly recognized methods of allocation as in his judgment are just and
equitable;
(c) Compute the valuation for assessment of such company in this state as
provided in section 39-1-104;
(d) Apportion the valuation for assessment of such company in this state
among the several counties of this state in such proportion as in his judgment will
fairly represent the valuation for assessment within each such county, utilizing
commonly recognized methods of apportioning as in his judgment are just and
equitable.
(3) In the specific case of a telephone company, the administrator shall:
(a) Determine, as of the last day of December of each year, the actual value
of such company as a unit, or of its property and plant within this state, in the
manner provided in section 39-4-102;
(b) Allocate to this state, if the actual value of such company is determined
as a unit, that proportion of such actual value as in his judgment accurately
represents the value of the property and plant of such company within this state,
utilizing commonly recognized methods of allocation as in his judgment are just and
equitable;
(c) Compute the valuation for assessment of such company in this state as
provided in section 39-1-104;
(d) Apportion the valuation for assessment of such company in this state
among the several counties of this state in such proportion as in his judgment will
fairly represent the valuation for assessment within each such county, utilizing
commonly recognized methods of apportioning as in his judgment are just and
equitable.
(4) Repealed.
(5) In the specific case of a pipeline company engaged in the transportation
of gas, oil, or petroleum products or coal slurry or other coal products in pipelines
through or in this state, the administrator shall:
(a) Determine, as of the last day of December of each year, the actual value
of the property of such company within this state, either in the manner provided in
section 39-4-102 or, with respect to its pipelines, on a diameter per inch per mile
basis and its land, improvements, pump and compressor stations, and
miscellaneous equipment, wherever situated, being valued separately in the same
manner as all other real and personal property;
(b) Compute the valuation for assessment of such company in this state as
provided in section 39-1-104;
(c) Apportion the valuation for assessment of such company in this state
among the several counties of the state in such proportion as in his judgment will
fairly represent the valuation for assessment within each such county, utilizing
commonly recognized methods of apportioning as in his judgment shall be just and
equitable.
(6) The administrator shall determine the actual value of all other public
utilities doing business in this state in the manner provided in section 39-4-102 and
shall apportion the valuation for assessment thereof, computed as provided in
section 39-1-104, among the several counties of this state in which property of such
public utilities is located in such proportion as in his judgment will fairly represent
the valuation for assessment within each such county, utilizing commonly
recognized methods of apportioning as in his judgment are just and equitable.
(7) (a) In the specific case of a railroad company, the administrator shall:
(I) Determine, as of the last day of December of each year, the actual value
of such company as a unit or the actual value of its property and plant within this
state, in the manner provided in section 39-4-102;
(II) Ascertain the total mileage of all railroad track of such company,
wherever situated, if the actual value of such company is determined as a unit;
(III) Ascertain the total mileage of all railroad track of such company
situated within this state and in the several counties thereof;
(IV) Ascertain the total mileage of all railroad main track of such company
situated within this state and in the several counties thereof;
(V) Allocate to this state, if the actual value of such company is determined
as a unit, that proportion of such actual value that the total mileage of all railroad
track of such company situated within this state bears to the total mileage of all
railroad track of such company, wherever situated;
(VI) Compute the valuation for assessment of such company in this state as
provided in section 39-1-104;
(VII) Apportion the valuation for assessment of such company within this
state among the several counties of this state in the proportion that the actual
mileage of railroad main track within each such county bears to the total mileage of
all railroad main track of such company within this state.
(b) This subsection (7) is effective January 1, 1987.
(8) (a) In the case of cars owned by a sleeping car company, a railroad
express company, or a private car line company, the administrator shall:
(I) Ascertain the total railroad track miles made by all such cars within this
state and in the several counties thereof during the preceding calendar year;
(II) Determine the actual value of all such cars, using commonly recognized
methods of valuation;
(III) Compute the valuation for assessment of all such cars as provided in
section 39-1-104;
(IV) Apportion the valuation for assessment of all such cars among the
several counties of the state in such proportion as in his judgment will fairly
represent the valuation for assessment within each such county.
(b) This subsection (8) is effective January 1, 1987.