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Committee adopts substitute to record carbon‑sequestration interests in land records
Summary
A state Senate committee approved a committee substitute for Senate Bill 2008 requiring notice of conveyances of carbon‑sequestration interests to be recorded as an interest in land under Chapter 5, Title 89 of the Mississippi Code; the measure passed by voice vote in committee.
A Senate committee voted to adopt a committee substitute on Senate Bill 2008 that would require notice of conveyances of carbon‑sequestration interests to be recorded as an interest in land under Chapter 5, Title 89 of the Mississippi Code.
The committee chair said the substitute carries forward language inserted from another bill and “All we’re saying is a notice of conveyance of an interest related to carbon sequestration shall be recorded as an interest in land, pursuant to Chapter 5, Title 89 of the Mississippi Code.” The chair framed the change as a narrow, notice provision to inform title searches for mineral or timber purchasers.
Committee members moved to adopt the committee substitute and the motion carried by voice vote with no recorded opposition. The committee then recorded a favorable committee recommendation (do pass) for the committee substitute.
The measure as described in committee is a notice requirement; it does not itself create property rights or define the substance of carbon‑sequestration contracts. The chair said the provision is intended to give notice to title examiners and prospective buyers that a recorded interest related to carbon sequestration exists on affected land.
No formal roll‑call vote was recorded in the transcript; committee actions on the bill were taken by voice vote and recorded as passed in committee.
