Mississippi Legislature
2002 Regular Session

Senate Bill 2756

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Bill Text

History of Actions

Amendments

Background

Title

Description: Pearl River Valley Water Supply District; clarify authority of board to renegotiate commercial leases upon expiration.

Bill Text: [Introduced] [Passed Senate]

History of Actions:

1 01/21 (S) Referred To Finance
2 01/31 (S) Title Suff Do Pass
3 02/06 (S) Amended
4 02/06 (S) Passed As Amended
5 02/11 (S) Transmitted To House
6 02/13 (H) Referred To Ways and Means
7 03/05 (H) Died In Committee

Amendments:

Adopted [S] Amendment No 1

Background Information:

Effective dateJuly 1, 2002
DispositionDead
DeadlineGeneral Bill/Constitutional Amendment
RevenueNo
Vote type requiredMajority

Senate Committee:

House Committee:

Principal Author: Ross

Title: AN ACT TO CREATE NEW CODE SECTION 51-9-122.1, MISSISSIPPI CODE OF 1972, TO CLARIFY THE AUTHORITY OF THE BOARD OF DIRECTORS OF THE PEARL RIVER VALLEY WATER SUPPLY DISTRICT TO RENEGOTIATE COMMERCIAL LEASES UPON EXPIRATION THEREOF; TO PROVIDE THAT LESSEES HAVE NO SPECIAL RIGHT TO RE-LEASE UPON EXPIRATION EXCEPT WHEN IN COMPLIANCE WITH THIS SECTION; TO PROVIDE THAT A LESSEE MAY RENEW A LEASE PRIOR TO EXPIRATION FOR A RENTAL AMOUNT NOT TO EXCEED FAIR MARKET VALUE; AND FOR RELATED PURPOSES.


Information pertaining to this measure was last updated on 03/05/02 at 16:28.

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