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MS SB2680
Bill
Status
3/14/2024
Primary Sponsor
Charles Younger
Click for details
AI Summary
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Requires all agricultural leases of sixteenth section lands to include provisions related to best farm management practices as established by the Secretary of State in consultation with Federal Agriculture Agencies, Mississippi State University Agriculture Extension Service, or other agriculture associations.
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Allows boards of education to publish lease advertisements in multiple media formats including trade publications, school offices, and other locations in addition to newspaper publication to encourage competitive bidding.
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Extends the optional lease renewal period for existing lessees from five (5) years to ten (10) years when approved by the board of education and Secretary of State, with rental amounts and terms based on best farm management practices.
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Maintains existing provisions allowing current lessees to submit a second bid at 105% of the highest acceptable bid if they made improvements during their lease term and are not in default.
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Takes effect July 1, 2024.
Legislative Description
Sixteenth section land; revise provisions regarding leasing when classified as agriculture.
Last Action
Died On Calendar
3/14/2024