MS HB629 | 2025 | Regular Session

Status

Completed Legislative Action
Sponsorship: Partisan Bill (Republican 1)
Status: Failed on February 4 2025 - 100% progression
Action: 2025-02-04 - Died In Committee
Text: Latest bill text (Introduced) [HTML]

Summary

An Act To Authorize The Board Of Trustees Of State Institutions Of Higher Learning, Acting On Behalf Of The University Of Mississippi To Enter Into A Long-term Lease Of All Or Any Portion Of Real Property Under Its Control And Possession For The Purpose Of Developing Academic Buildings, Housing, Dining Halls, Parking Facilities, And/or Other Spaces, Including Retail Developments, For The Benefit Of The University; To Provide That Any Such Property Shall Be Leased For A Period Not To Exceed 30 Years; To Set Certain Other Lease Terms And To Require Any Lease To Be Subject To The Approval Of Ihl; To Authorize The University Of Mississippi To Negotiate All Aspects Of Any Lease With The Approval Of Ihl; To Provide That All Proceeds Derived From Any Such Lease Shall Be Deposited Into A Special Fund Only For The Use Of The University; To Require Any Property Leased Under This Act To Revert Back To The University At The End Of The Lease; And For Related Purposes.

Tracking Information

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Title

University of Mississippi; authorize to enter into long-term lease for public-private partnership for development of university property.

Sponsors


History

DateChamberAction
2025-02-04HouseDied In Committee
2025-01-15HouseReferred To Universities and Colleges

Mississippi State Sources


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