Solar facilities; provide decommissioning requirements for.

Mississippi's HB 1492 requires solar developers (called "grantees") to secure financial assurance for removing solar facilities and restoring land when agreements end. It mandates that solar power facility agreements include a decommissioning plan and require developers to provide increasing financial security: 5% of estimated removal costs at startup, 50% at 10 years, and full cost at 15 years. This protects landowners and communities from abandoned facilities by ensuring funds are available for safe removal and land restoration, covering all components except deeply buried utility lines. The law applies to solar facilities 5 megawatts or larger (unless specified otherwise in agreements), excluding smaller installations.