Mississippi 2024 Regular Session

Mississippi Senate Bill SB2499

Introduced
2/16/24  
Refer
2/16/24  

Caption

Real property in Columbus, Mississippi; amend chapter law to authorize MDA to sell, lease, or otherwise dispose of.

Impact

This bill could significantly influence state laws concerning public property management and the processes for divesting state-owned lands. By streamlining the authority of the Mississippi Development Authority, the bill facilitates a more efficient approach in managing state lands, potentially leading to increased revenue from real estate transactions. Moreover, the economic impact could extend to local communities through enhanced development opportunities as these properties are made available for various uses, including industrial and commercial development.

Summary

Senate Bill 2499 aims to amend Chapter 393 of the Laws of 2019, revising the authority of the Mississippi Development Authority in managing certain real estate. The bill specifically authorizes the Mississippi Development Authority to sell, lease, or otherwise dispose of specified real properties at their discretion. This includes properties in Lowndes County and Columbus, Mississippi, providing detailed legal descriptions of the lands involved. The properties encompassed in this bill feature various tracts that could serve different public or commercial interests in the future.

Contention

Notably, the bill provides that the Mississippi Development Authority may sell properties below their fair market value at their discretion, subject to parameters set by qualified appraisers. This provision has raised concerns about the potential for mismanagement or favoritism in land sales, which may spark debate over transparency and governance in the sale of public lands. Additionally, the previous authority of state agencies to manage such properties may be perceived to be diminished, raising questions about local governance and public interest in land use decisions.

Companion Bills

No companion bills found.

Previously Filed As

MS SB2590

Mississippi State University authority to lease property for public-private partnership student housing; increase term.

MS SB2309

MDAH property; authorize DFA to clarify donation if certain lands in Claiborne County to U.S. Park Service.

MS HB874

MS Dept. of Archives and History property; authorize DFA to clarify donation of certain lands in Claiborne County to U.S. Dept. of Interior - National Park Service.

MS SB2313

Columbia Training School; amend DFA conveyance authority to require consideration that best promotes public interest.

MS HB876

Columbia Training School Property; clarify purposes for which the Marion County Economic Development District may be reimbursed.

MS HB536

MSU; amend authority to enter into a long-term lease for housing and retail purpose to extend the original lease term to 65 years.

MS HB1055

Public property; authorize certain state property conveyed to Jackson to be used for park and recreational purposes.

MS SB2722

"North Forty" property; authorize DFA to purchase.

MS SB2723

Former First Christian Church property within the Capitol Complex; authorize DFA to purchase.

MS HB423

Former First Christian Church property within the Capitol Complex; authorize DFA to purchase.

Similar Bills

MS SB2072

Mississippi Development Authority; authorize to sell certain real property for less than fair market value.

MS SB2525

MS Department of Archives and History property; authorize retention of buffer and access corridor on Champion Hill property.

MS SB2309

MDAH property; authorize DFA to clarify donation if certain lands in Claiborne County to U.S. Park Service.

MS HB874

MS Dept. of Archives and History property; authorize DFA to clarify donation of certain lands in Claiborne County to U.S. Dept. of Interior - National Park Service.

MS HB1185

State and Interstate highways; authorize Mississippi Transportation Commission and counties to contract for counties to maintain.

MS SB2143

Local Option Alcoholic Beverage Control Law; revise definition of "qualified resort area."

MS SB2803

Local Option Alcoholic Beverage Control Law; revise definition of "qualified resort area."

MS HB1751

City of Madison; authorize to transfer properties and make other agreements with Madison Square Redevelopment Authority.