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Senate Bill 417 would clarify billboard lease transfers, ease conversion penalties for one company
Summary
At a Feb. 24 public hearing, proponents said Senate Bill 417 would clarify documentation for landowner consent on outdoor advertising permits, confirm that leases transfer with property sales, and remove a conversion penalty that now applies to a single company holding a large share of 'credits' tied to digital billboard conversions.
Senate Bill 417, which would modify provisions for relocation of outdoor advertising signs and digital billboards, received a public hearing Feb. 24 before the Joint Committee on Transportation.
The bill’s sponsors and industry witnesses told the committee the measure is primarily housekeeping and seeks to fix two discrete problems.
Tom Barrows, representing the Oregon Outdoor Advertising Association, said the bill would make clear that leases for signs “go with the property” when land is sold and that the new owner need not…
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