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HB 522

Mississippi House bill in Session 2026.

Status: failed. Latest action: February 3, 2026.

Mississippi Development Authority; authorize to sell certain real property for less than fair market value.

Bill ID MS-2026-HB-522
Session 2026
Status failed
Committee Public Property
House failed 2026-02-03
Summary

AN ACT TO AMEND SECTION 1, CHAPTER 393, LAWS OF 2019, TO PROVIDE THE MISSISSIPPI DEVELOPMENT AUTHORITY TO SELL CERTAIN REAL PROPERTY LOCATED IN LOWNDES COUNTY AND THE CITY OF COLUMBUS, MISSISSIPPI, FOR LESS THAN FAIR MARKET VALUE; TO PROVIDE THAT ANY PROCEEDS GENERATED FROM THE SALE OF THE LAND SHALL BE DEPOSITED INTO THE MISSISSIPPI EXISTING INDUSTRY PRODUCTIVITY LOAN PROGRAM BOND SINKING FUND; TO PROVIDE MDA MAY CORRECT ANY DISCREPANCIES IN THE LEGAL DESCRIPTION OF THE PROPERTY; AND FOR RELATED PURPOSES.

Sponsor
Kabir Karriem
Official Source Back to Bills
Actions Timeline
Date Event Detail
2026-01-12 Introduced Bill introduced
2026-02-03 Status failed
2026-02-03 Latest Action (H) Died In Committee
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