HB1769: Eminent domain; prohibit transfer of property acquired by for 10 years after acquisition.

Legislative Summary

An Act To Codify Article 3, Section 17a Of This Mississippi Constitution In The Mississippi Code Of 1972; To Provide That No Property Acquired By The Exercise Of The Power Of Eminent Domain Under The Laws Of The State Of Mississippi Shall, For A Period Of Ten Years After Its Acquisition, Be Transferred Or Any Interest Therein Transferred To Any Person, Nongovernmental Entity, Public-private Partnership, Corporation, Or Other Business Entity; To Provide Certain Exceptions; And Other Limited Conditions; And For Related Purposes.