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MS SB2722

Bill

Status

Passed

3/3/2023

Primary Sponsor

Walter Michel

Click for details

Origin

Senate

2023 Regular Session

AI Summary

  • Authorizes the Department of Finance and Administration to purchase the "North Forty" property located within the Capitol Complex in Jackson, Hinds County, Mississippi
  • Purchase price cannot exceed the fair market value determined by the average of two appraisals by qualified, licensed appraisers
  • Allows the Department of Finance and Administration to correct any discrepancies in the legal property description
  • State retains all mineral rights in the property, which must be retained in any subsequent sale or lease agreements
  • Takes effect upon passage

Legislative Description

"North Forty" property; authorize DFA to purchase.

Last Action

Approved by Governor

3/3/2023

Committee Referrals

Public Property2/13/2023
Public Property1/16/2023

Full Bill Text

No bill text available