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MS SB2293
Bill
AI Summary
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Authorizes the Department of Finance and Administration to sell state-owned real property in Madison County, Mississippi currently under possession of the Mississippi Board of Pharmacy located on Key Drive.
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Requires the property be sold for not less than fair market value as determined by the average of at least two appraisals conducted by certified and licensed appraisers.
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Directs all proceeds from the sale to be deposited into a newly created "Mississippi Board of Pharmacy Property Fund" in the State Treasury for support of the Prescription Monitoring Program.
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Provides that unexpended amounts in the special fund do not lapse at fiscal year end and any interest earned accrues to the fund.
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Retains all mineral rights to the property for the State of Mississippi and authorizes correction of any discrepancies in the legal property description.
Legislative Description
State Board of Pharmacy building; authorize sale of.
Last Action
Died On Calendar
3/27/2014