Section 307.107 - Property used for natural gas pipeline extension project(1) Property used for a natural gas pipeline extension project is exempt from ad valorem property taxation if: (a) The project receives or has received moneys from the Oregon Unified International Trade Fund to pay any portion of the project;(b) The length of the pipeline, including additions or improvements, does not exceed 115 miles; and(c) The owner of the property is a local government, as defined in ORS 174.116.(2) The exemption under this section applies to all property used for the project, real and personal, tangible and intangible.(3) Notwithstanding ORS 307.110 or 308.505 to 308.674 or any other provision of state law, property that is exempt under this section is not disqualified from exemption if a person other than the owner: (a) Holds a lease, sublease or other interest in the exempt property; or(b) Holds, manages or uses any portion of the project.307.107 was enacted into law by the Legislative Assembly but was not added to or made a part of ORS chapter 307 or any series therein by legislative action. See Preface to Oregon Revised Statutes for further explanation.