Public-private partnerships; allow IHL board to lease on behalf of the University of Mississippi.

The bill's version identifier was updated from 'Committee Substitute' to 'As Passed the Senate', indicating procedural progress rather than substantive policy changes.

Added a requirement that all proceeds derived from the lease agreements must be deposited into a special fund and expended only for the use and benefit of the University of Mississippi.

Added a provision stating that all property leased under the act must revert back to the University of Mississippi at the end of the lease term, along with all improvements made to the property.

Added a provision requiring the State of Mississippi to retain all mineral rights to the real property leased under the act.

Modified the purpose statement to include 'public-private partnerships' and 'developing student housing and other facilities' more explicitly, while also adding requirements for a special fund and property reversion.