71st OREGON LEGISLATIVE ASSEMBLY--2001 Regular Session
 
HA to HB 3558
 
LC 4079/HB 3558-3
 
                       HOUSE AMENDMENTS TO
                         HOUSE BILL 3558
 
              By COMMITTEE ON WATER AND ENVIRONMENT
 
                             May 17
 
  Delete lines 14 through 17 of the printed bill and insert:
  ' (3) If a determination of navigability made for a stream or
lake in this state results in the termination or voidance of any
apparent right, title or interest that is held in submersible or
submerged land located in the stream or lake and expressed in a
document that is properly recorded in the county where the land
is situated, the state shall compensate the person who held the
apparent right, title or interest in the submersible or submerged
land for:
  ' (a) The fair market value of the land;
  ' (b) Taxes paid on the land;
  ' (c) Improvements made to the land; and
  ' (d) Costs incurred by the person in acquiring the land,
including surveys, title transfer costs and mortgage interest.'.
  In line 24, delete 'de-'.
  In line 25, delete 'terminations of navigability made' and
insert 'lands subject to a declaration made pursuant to ORS
274.406'.
                         ----------