Senate Bill 2245 Summary

• Amends Section 57-75-37 to authorize sale or perpetual waiver of mineral interests in sixteenth section lands to enterprises owning or operating qualifying industrial projects.

• Allows boards of education, superintendents of education, and the Mississippi Development Authority to sell all minerals in sixteenth section lands or enter written agreements to perpetually refrain from accessing minerals beneath project sites.

• Amends Section 29-3-29 to provide an exception to the standard mineral reservation requirement for sixteenth section lands conveyed for industrial development, permitting mineral sales or waiver agreements under specified conditions.

• Applies to multiple project categories defined in Section 57-75-5, including large industrial facilities and projects requiring substantial infrastructure development.

• Effective date: July 1, 2025.