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MS HB1641
Bill
Status
4/2/2014
Primary Sponsor
Michael Evans
Click for details
AI Summary
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Authorizes the Kemper County Board of Supervisors to create and participate in the Kemper County Natural Gas District, encompassing all uncertificated areas of the county.
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Establishes a six-member interim board of commissioners appointed by the Board of Supervisors, with authority transferring to elected resident commissioners after the system serves at least 100 users.
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Grants the district authority to construct, operate, and manage a natural gas transmission and distribution system; contract with public or private entities; and accept federal, state, and private funding.
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Authorizes issuance of revenue bonds up to $10,000,000 to finance system construction, with voter approval required if 10% of users file written protest.
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Exempts the district's system from Mississippi Public Service Commission jurisdiction and ad valorem taxation if financed through lease-purchase agreements.
Legislative Description
Kemper County; authorize creation of the Kemper County Natural Gas District.
Last Action
Died In Committee
4/2/2014