MS HB1265

Expands the definition of "contaminated site" under the Economic Redevelopment Act to include Brownfield property subject to a Brownfield agreement under Section 49-35-11, in addition to property abandoned from bankruptcy estates

Removes the previous deadline restriction for counties and municipalities to apply to the Mississippi Development Authority for designation as redevelopment counties and municipalities, allowing applications from January 1, 2005 onward without a cutoff date

Redevelopment project areas may contain up to 650 acres of contaminated sites and surrounding land suitable for development

Counties and municipalities seeking redevelopment designation must submit MDEQ concurrence on contaminated site existence, a resolution establishing project area boundaries, and a developer agreement

Effective date of July 1, 2012