Carbon credits or sequestration; require recorded instrument to convey.
SB 2008 requires that any transfer of carbon credit or sequestration rights must be recorded as a land interest in county land records, following existing Mississippi law for property conveyances. This applies directly to landowners and entities involved in carbon credit agreements, ensuring their rights have legal priority over later claims. The bill updates existing recording requirements (Sections 89-5-1 and 89-5-3 of Mississippi Code) to specifically include carbon-related interests, making their recording mandatory for enforceability. It takes effect July 1, 2025, and does not create new rules but applies current land recording procedures to carbon credit transactions.
Bill status
died
3 of 5 stages cleared
Introduction
Feb 2025
Committee Review
Feb 2025
Senate Passage
Feb 2025
House Passage
Governor
Introduced Feb 14, 2025
Last action Mar 4, 2025
Maddy AI version diff · 2 comparisons
What changed between versions
Committee Substitute
→
Current version
·
1 edit
MINOR
The bill title was updated to reflect its current status as having passed the Senate, changing from 'Committee Substitute' to 'As Passed the Senate'. This indicates the bill has progressed through the legislative process and is now in its final form before potential passage by the House of Representatives. No substantive policy changes were made to the bill's content regarding carbon credit recording requirements.
TECHNICAL
Updated bill status designation from 'Committee Substitute' to 'As Passed the Senate' to reflect legislative progress
Floor votes · Senate Feb 5, 2025
How they voted
51–0
Passed
Total votes 51
Feb 5, 2025
D
Democratic16
100% Yea
R
Republican35
100% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
9
Key actions
2
Committee
3
Feb 17, 2025
Committee
Referred To Forestry
lower
Feb 14, 2025
Introduced
Transmitted To House
upper
Feb 5, 2025
Upper · Passed
Passed
upper
Jan 29, 2025
Upper · Passed
Title Suff Do Pass Comm Sub
upper
Jan 10, 2025
Committee
Referred To Forestry
upper
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Tyler McCaughn
RRepublican
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