Thursday, February 14, 2013

SB 2147 Passes Unimously in Mississippi Senate

Senate Bill 2147 (http://billstatus.ls.state.ms.us/2013/pdf/history/SB/SB2147.xml ) has moved out of the Mississippi State Senate on a 51-0 vote and has been referred to Mississippi House where an identical bill LAST YEAR (HB1265 - 2012) passed unanimously in the House on a vote of 121-0.

The Mississippi Economic Redevelopment Act has been lauded for its ability to give Mississippi "a competitive redevelopment incentive to successfully entice private sector developers to cleanup and reuse brownfield sites."  SB 2147 includes a provision for removing the December 31, 2009 sunset provision to revive the Act and expanding the definition of “contaminated site” to include all brownfield sites within the State which should allow this economic redevelopment incentive to be utilized statewide.