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MS SB2800
Bill
AI Summary
- Authorizes state universities to lease portions of their real property to entities for terms up to twenty years
- Requires lessees to construct a building on the university's property as a condition of the lease
- Mandates universities to provide proposed lease terms and conditions to the Board of Trustees of State Institutions of Higher Learning for approval and public posting on the board's website
- Grants universities and the Board of Trustees authority to create rules and regulations necessary to implement the leasing program
- Takes effect July 1, 2016
Legislative Description
University property; authorize lease of with IHL approval.
Last Action
Died In Committee
2/23/2016
Committee Referrals
Public Property2/8/2016
Full Bill Text
No bill text available