Did not become law. It stopped in the House of Representatives's Education Committee on March 6, 2012. The 2012 session has ended.
2012 Regular Session
House Bill 941
16th Section land leases; revise manner of calculating rental rates on lands classified for agricultural purposes.
What it does
The synopsis the Legislature published with the bill.
AN ACT TO AMEND SECTIONS 29-3-63 AND 29-3-65, MISSISSIPPI CODE OF 1972, TO REVISE THE MANNER BY WHICH RENTAL RATES ON LEASES OF SIXTEENTH SECTION LANDS CLASSIFIED FOR AGRICULTURAL USE ARE CALCULATED; TO PROVIDE THAT LEASES SHALL BE FOR THE FAIR MARKET RENTAL OF THE LAND BASED ON COMPARABLE RENTAL RATES ON PROPERTIES IN THE AREA IN WHICH THE LAND IS LOCATED AS DETERMINED BY AN APPRAISER APPOINTED BY THE BOARD TO APPRAISE SUCH LANDS; TO AMEND SECTION 29-3-81, MISSISSIPPI CODE OF 1972, TO AUTHORIZE THE LOCAL SCHOOL BOARD TO REVISE THE MANNER BY WHICH RENTAL RATES ON LEASES OF SIXTEENTH SECTION LANDS CLASSIFIED FOR AGRICULTURAL USE ARE CALCULATED IF THE EXISTING LEASEHOLDER CHOOSES NOT TO RELEASE SUCH PROPERTY; TO PROVIDE THAT IF THE BOARD RECLASSIFIES THE LAND FROM AGRICULTURAL PURPOSES TO FORESTRY PURPOSES AT THE RECOMMENDATION OF THE FORESTRY COMMISSION, THE PROJECTED INCOME FOR FORESTRY PRACTICES AND PRODUCTS EARMARKED FOR USE BY THE SCHOOL BOARD MUST CALCULATE THE TIME VALUE OF MONEY AT THE RATE OF INTEREST AGREED UPON BY THE BOARD, THE COMMISSION AND THE INDIVIDUAL OR ENTITY LEASING THE LANDS FOR THE CONTRACTED LEASE TERM; AND FOR RELATED PURPOSES.
Sponsors
Who carried the bill in each chamber, and who signed on. Each name leads to the member's page.
In the House of Representatives
Sponsor
Its course
February 20 to March 6, 2012, on one scale. In the top row each mark is a day something happened; taller marks are busier days.
Each committee stop sits inside its chamber.
Every action2 actions on 2 days
In the House of RepresentativesFeb 20 to Mar 6 · stopped15 days
EducationFeb 20 to Mar 6 · stopped15 days
Text
Each version as the Legislature printed it.
l9n doesn't hold this bill's text yet.
What happened
In l9n's words, one line for each step. Every action as the Legislature published it is below.