SB2028

Requires the recording of notices of conveyance for carbon credits or sequestration as an interest in land.

Mississippi SB2028 mandates that notices of conveyance for carbon credits or sequestration be recorded as an interest in land. This bill brings forward sections 89-5-1 and 89-5-3 of the Mississippi Code of 1972 to ensure these notices are acknowledged or proved and recorded with the clerk of the chancery court. Failure to record such notices prevents any claim of priority over other recorded instruments affecting the same property. The act aims to clarify the priority of conveyances based on the time of filing. This bill will take effect from July 1, 2026.