(1) Except as provided in subsection (2) of this section, the State Land Board may not in any manner assert title to historically filled lands, as defined in ORS § 274.905, unless, prior to December 31, 2025:

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(a) The board makes a declaration under ORS § 274.954 that asserts title to the historically filled lands; and

(b) Notice of the board’s declaration was given as required under ORS § 274.956.

(2) Subsection (1) of this section does not apply to:

(a) Historically filled lands, as defined in ORS § 274.905, over which the State Land Board asserted title prior to January 1, 2016;

(b) Historically filled lands fronting upon the Pacific Ocean; or

(c) Lands in that portion of the Lower Willamette River that includes the Portland Harbor Superfund Site.

(3) Nothing contained in ORS § 274.950 to 274.956 shall divest the State of Oregon of its rights to minerals, oil, gas and sulfur. [2015 c.804 § 7]

274.950 to 274.956 were enacted into law by the Legislative Assembly but were not added to or made a part of ORS Chapter 274 or any series therein by legislative action. See Preface to Oregon Revised Statutes for further explanation.