Thursday, January 24, 2013

Mississippi Economic Redevelopment Act

Senate Bill 2147 (http://billstatus.ls.state.ms.us/2013/pdf/history/SB/SB2147.xml ) has been introduced in the Mississippi State Senate that would 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.