Applied in 41 court decisions — leading case Kain/Waller v. Myers (2004)
Most recently applied in Delta Air Lines, Inc. v. Dept. of Rev. (July 2025)
Amended by 1993 c.353 §2; 1997 c.154 §28
Court decisions citing this, by year. The dip in the last several years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the most recent years, so recent citations are undercounted.
(1) All real property within this state and all tangible personal property situated within this state, except as otherwise provided by law, shall be subject to assessment and taxation in equal and ratable proportion.
(2) Except as provided in ORS 308.505 to 308.674, intangible personal property is not subject to assessment and taxation.
Official source: Oregon State Legislature. Reproduced from public-domain Oregon statutes; confirm against the official source for the current text. Not legal advice.