MS SB2527

Requires solar power facilities (5 megawatts or larger) to include decommissioning plans in lease/easement agreements, obligating grantees to remove all facility components and restore land to its original condition upon agreement termination

Mandates escalating financial assurance from grantees: 5% of decommissioning costs at commercial operation start, 50% at year 10, and 100% at year 15

Acceptable forms of financial assurance include surety bonds, letters of credit, cash, certificates of deposit, parent guarantees, and other negotiated instruments

Local governments may regulate solar facilities under zoning authority but cannot impose decommissioning requirements beyond those established in this act

Applies only to solar power facility agreements entered into on or after July 1, 2026, though parties may voluntarily amend pre-existing agreements to include these provisions