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MS HB1218
Bill
Status
2/4/2014
Primary Sponsor
Henry Zuber
Click for details
AI Summary
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Requires all funds received by Mississippi in connection with the Deepwater Horizon explosion and sinking to be deposited into the Budget Contingency Fund for legislative appropriation
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Mandates state agencies receiving these funds to report quarterly to the Department of Finance and Administration with detailed expenditure information and project bidding details, to be posted on the state's transparency website
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Requires disclosure of winning bidder names and contract information for any public contracts involving Deepwater Horizon settlement funds
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Establishes preference for contractors, attorneys, engineers, surveyors, and other service providers located in Gulf Coast counties who have operated there for at least 13 consecutive years prior to the contract start date
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Expands the types of funds covered beyond negotiated settlements to include court orders and any other instruments related to the Deepwater Horizon incident
Legislative Description
BP Oil spill settlement funds; require state agencies to pose information about expenditure of on DFA transparency website.
Last Action
Died In Committee
2/4/2014