MS HB263

Amends Section 19-5-10 of Mississippi Code to authorize county boards of supervisors to enter development agreements with master planned community developers that allow communities to self-govern instead of being subject to county zoning and building ordinances, provided the community's regulations are comparable to or greater than county standards.

Increases minimum land requirement for master planned communities from an unspecified amount to 2,500 acres.

Requires that at least 50 percent of dwelling units in the master plan be either certified retirement community units or units occupied by persons age 62 or older, receiving pension income, or self-declared as retired.

Limits development agreement terms to not more than 30 years or the number of years allowed under the county's subdivision covenant ordinance, whichever is greater.

Becomes effective July 1, 2012.