Press Room
Secretary of State brings approx. $7 Million Dollars to the Coast
December 16, 2009
Biloxi, MS - Secretary of State Delbert Hosemann presented the Department of Marine Resources with a check today for $7,046,853. The dollars are generated from Tidelands leases and assessments.
"The tidelands check is a crucial component to preserving the culture of the Mississippi Gulf Coast. The Mississippi Legislature and the Secretary of State's Office is committed to maximizing the benefit of our State owned lands and the preservation of our Coastal areas. This $7,046,853 in returned funds to the Gulf Coast through the Department of Marine Resources is an integral part of ensuring that goal."
As part of his statutory duties, the Secretary of State negotiates the Tidelands lease amounts on behalf of Mississippi. Rent is collected from tidelands leaseholders by the Secretary of State and then returned to the Department of Marine Resources at the end of the fiscal year.
