State land under lease
(1) Notwithstanding ORS 307.110 (Public property leased or rented by taxable owner), all land leased by any person from the State Land Board or agency with authority over land under ORS 273.141 (Nature of services to be performed by certain other agencies) is exempt from taxation.
(2) As used in this section “land” means the land itself, above or under water, but does not include:
(a) Any buildings, structures, improvements, machinery, equipment or fixtures erected upon, under, above or affixed to the land; or
(b) Mines, minerals, or quarries in, under or upon the land. The term “land,” however, does include all water rights appertaining to the land. [1982 s.s.1 c.25 §2; 1995 c.589 §5]
3 OregonLaws.org assembles these lists by analyzing references between Sections. Each listed item refers back to the current Section in its own text. The result reveals relationships in the code that may not have otherwise been apparent.