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MS SB2293

Bill

Status

Failed

3/27/2014

Primary Sponsor

Terry Burton

Click for details

Origin

Senate

2014 Regular Session

AI Summary

  • 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.

  • 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.

  • 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.

  • Provides that unexpended amounts in the special fund do not lapse at fiscal year end and any interest earned accrues to the fund.

  • 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

Committee Referrals

Public Property1/17/2014

Full Bill Text

No bill text available