House Bill 1493 Summary

• Authorizes the Mississippi Public Service Commission to regulate rates of nonprofit water corporations, associations, and water districts, removing their previous exemption from rate regulation.

• Amends Section 77-3-5 to clarify that the Public Service Commission has jurisdiction over rate regulation for water service providers previously excluded from its authority.

• Modifies Sections 19-5-177 and 51-8-31 to make district rate-setting subject to Public Service Commission jurisdiction where applicable, while maintaining the requirement for districts to obtain certificates of convenience and necessity.

• Effective date: July 1, 2012.