City of Jackson; declare that certain property be sold and/or leased for the benefit of creating value of.

This Mississippi House Resolution directs state officials to develop a plan for selling or leasing certain state-owned land near Jackson State University to fund a new 30,000-seat stadium and support local economic growth. The resolution requires the Department of Finance and Administration to consult with relevant university and medical center boards to create a master plan for the property, with a report due by January 1, 2027. It mandates that Jackson State University secure at least $50 million in private funding before the stadium can proceed and allows the university to lease naming rights for up to 20 years. The resolution also appropriates $400,000 to help cover the costs of developing the required report.