"Property Cleanup Revolving Fund"; establish.

Changed from a loan program available to all municipalities to a grant program specifically for municipalities with populations exceeding 145,000 people.

Removed the loan program entirely, including provisions for municipal securities, loan agreements, and debt repayment mechanisms.

Established a grant fund instead of a revolving fund, limiting grants to $2,000 per project with a maximum of 15 grants per calendar year per municipality.

Added definition of 'Project' to specify cleanup activities on properties sold for taxes that have been certified to the state.

Authorized the Jackson Redevelopment Authority and Urban Renewal Authority to apply for grants and oversee site demolition and preparation for urban renewal purposes.

Removed requirements for municipalities to establish dedicated revenue sources for loan repayment and reimburse the corporation from project sales.

Amended Mississippi Code sections 29-1-145, 29-1-95, and 27-104-205 to allow the Secretary of State to contract with vendors to maintain tax-delinquent properties using Land Records Maintenance Fund monies.

Changed effective date from immediate passage to July 1, 2025.