MS HB877 | 2014 | Regular Session

Status

Completed Legislative Action
Spectrum: Slight Partisan Bill (Republican 4-2)
Status: Failed on February 13 2014 - 100% progression
Action: 2014-02-13 - Died On Calendar
Text: Latest bill text (Comm Sub) [HTML]

Summary

An Act To Authorize The Department Of Finance And Administration, Acting On Behalf Of The Board Of Trustees Of State Institutions Of Higher Learning, To Sell And Convey Or Lease Parcels Of Certain State-owned Real Property And Any Improvements Thereon Under The Possession And Control Of The University Of Southern Mississippi, Located In The City Of Hattiesburg, Forest County, Mississippi; To Stipulate The Condition Under Which The Property May Be Sold To Promote The Highest And Best Use For The University Of Southern Mississippi, The City Of Hattiesburg And The State; To Exempt The Selling Entity From The Advertising Requirement For Acceptance Of Competitive Bids On The Property; To Provide That The State Shall Retain The Right To Repurchase The Real Property Or Terminate The Lease If Certain Conditions Occur; To Require The Department Of Finance And Administration To Review And Consider All Proposals For The Purchase Or Lease Of The Property Using Certain Reviewing Factors; To Provide That The State Shall Retain All Mineral Rights To The Real Property Sold Or Leased Under This Act; To Amend Sections 27-33-17 And 27-33-19, Mississippi Code Of 1972, In Conformity To The Preceding Provisions; And For Related Purposes.

Tracking Information

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Title

USM property; authorize DFA to sell and convey or lease certain real property subject to certain conditions.

Sponsors


History

DateChamberAction
2014-02-13HouseDied On Calendar
2014-02-12HouseRead the Third Time
2014-01-30HouseTitle Suff Do Pass Comm Sub
2014-01-20HouseReferred To Public Property

Mississippi State Sources


Bill Comments

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