(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.Added by Laws 2021, Ch. 291,Sec. 2, eff. 4/28/2021, and applicable to tax years beginning after December 31, 2021.