Loading chat...
MS HB1128
Bill
Status
3/1/2022
Primary Sponsor
Billy Calvert
Click for details
AI Summary
-
Amends Section 39-25-1 of Mississippi Code to change the utility payment requirement for the Mississippi Arts and Entertainment Center in Meridian from mandatory ("shall") to optional ("may")
-
The nonprofit corporation leasing the Center will no longer be contractually required to pay all utility costs incurred by the facility
-
The Department of Finance and Administration retains authority to lease the state-owned Center to a nonprofit for up to 50 years and may establish terms of the agreement
-
The Center serves as an educational and entertainment facility celebrating Mississippi's arts legacy, including a Hall of Fame, Walk of Fame, auditorium, and recording facilities
-
Effective date: July 1, 2022
Legislative Description
Mississippi Arts and Entertainment Center lease contract; remove requirement that the leasing nonprofit organization shall be responsible for utility payments.
Last Action
Died In Committee
3/1/2022