MS SB2564

Reduces the minimum capital investment requirement for a "project" under the Energy Infrastructure Revolving Loan Program from $1 billion to $50 million, with the effective date changed from April 17, 2009 to July 1, 2012.

Expands the program to allow funds to be used for contributions in aid of construction to energy-providing utilities or cooperatives for constructing, repairing, improving, and owning infrastructure.

Adds requirement that relevant parties to a project must enter into an agreement acceptable to the Mississippi Development Authority (MDA) prior to loan execution, stipulating terms of investment and responsibilities.

Allows the MDA to require private participation or funding from other sources in addition to county and municipal participation, and modifies audit procedures to use the term "entity" instead of specifically naming counties or municipalities.

Effective date is July 1, 2013.