House Bill 1265

(As Passed the House)

AN ACT TO REQUIRE EACH AGENCY, DEPARTMENT, COMMUNITY OR JUNIOR COLLEGE AND PUBLIC INSTITUTION OF HIGHER LEARNING OF THE STATE OF MISSISSIPPI TO FILE A REPORT OF TRANSACTIONS FOR ALL CONVEYANCES OF REAL PROPERTY, WHETHER PURCHASED, SOLD, LEASED, DONATED OR ACQUIRED AS A GIFT OR THROUGH THE PROCESS OF EMINENT DOMAIN, TO THE DEPARTMENT OF FINANCE AND ADMINISTRATION BUREAU OF BUILDINGS, GROUNDS AND REAL PROPERTY ON A BASIS DETERMINED BY THE DEPARTMENT OF FINANCE AND ADMINISTRATION FOR THE FILING OF SUCH REPORTS; AND FOR RELATED PURPOSES.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MISSISSIPPI:

SECTION 1. Each agency, department, community or junior college and public institution of higher learning of the State of Mississippi shall file a report of transactions for all conveyances of real property, whether purchased, sold, leased, donated or acquired as a gift or through the process of eminent domain, to the Department of Finance and Administration Bureau of Buildings, Grounds and Real Property on a basis determined by the department for the filing of such reports. However, reports, at a minimum, shall be filed with the department at least once annually.

SECTION 2. This act shall take effect and be in force from and after its passage.