Section 312.NEW - [Newly enacted section not yet numbered](1) Notwithstanding any other provision of law, each county shall establish a process by which: (a) Any surplus of the proceeds from the sale of property deeded to the county after a property tax lien foreclosure shall be determined;(b) Adequate notice of the surplus shall be given to all interested parties;(c) The right to the surplus shall be determined; and(d) The surplus shall be deposited in full in an interest-bearing account until the amount and the distribution of the surplus have been determined.(2) Notwithstanding any other provision of law, the operation of ORS 312.200 shall be suspended during the period that begins on the effective date of this 2024 Act and ends on December 31, 2025.Added by 2024 Ch. 77,§ 2, eff. 6/6/2024.