DFA; authorize the transfer and conveyance of ABC Warehouse to Madison County Economic Development Authority.

SB 2597 authorizes Mississippi's Department of Finance and Administration to transfer the ABC Warehouse property at 1286 Gluckstadt Road in Madison to the Madison County Economic Development Authority. The bill requires the state to sell the property for at least fair market value (determined by two certified appraisers), include a legal description in the deed, and deposit all sale proceeds (minus costs) into the State General Fund. The state retains mineral rights to the property, and the transfer can occur via public or private sale under terms set by the department. This directly affects Madison County's economic development efforts and state treasury funding.