MS HB1331

Authorizes municipalities to sell, lease, donate, or convey blighted property acquired through tax sales, abandonment, or municipal lien proceedings without public notice, competitive bidding, or appraisal when the governing authority determines the conveyance will promote community development

Requires deeds for such blighted property conveyances to include a reverter clause returning the property to the municipality if the purchaser fails to fulfill the stated purpose within two years

Mandates that municipalities retain all mineral rights and rights of ingress/egress in any conveyance of property under these provisions

Bars courts from recognizing claims by original property owners, their heirs, or assigns after unredeemed tax lands are sold to the state and received by the Secretary of State's office or conveyed to government entities

Takes effect July 1, 2010