For ad valorem tax purposes, real property that is subject to a scenic easement shall be valued at its real market value, less any reduction in value caused by the scenic easement, and assessed in accordance with ORS 308.232. The easement shall be exempt from assessment and taxation the same as any other property owned by the state.
ORS 390.915
Known as the Oregon Recreation Trails System Act
The act spans §§ 390–390 (202 sections).
1971 c.1 §12; 1981 c.804 §99; 1991 c.459 §394
Official source: Oregon State Legislature. Reproduced from public-domain Oregon statutes; confirm against the official source for the current text. Not legal advice.