Clarifies authority of Secretary of State over leases on Public Trust Tidelands in Mississippi.
Mississippi SB2396 clarifies the authority of the Secretary of State over leases on Public Trust Tidelands, ensuring that only the Secretary of State can approve leases for gaming purposes. It mandates that gaming licensees must obtain a lease from the state through the Secretary of State. The bill also establishes a Public Trust Tidelands Assessments Fund to manage assessments from gaming operations on these lands. Funds from this assessment are to be used for the benefit of preserving and protecting the tidelands and submerged lands in the state.
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