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MS HB574

Bill

Official Source

Status

Failed

2/4/2014

Primary Sponsor

Joe Warren

Click for details

Origin

House of Representatives

2014 Regular Session

AI Summary

  • Amends Section 77-3-17 of the Mississippi Code to require cooperatives to include sales to industrial customers when calculating the 2% gross revenue payment to municipalities.

  • Previously, cooperatives only paid 2% based on residential and commercial customer sales; industrial customer sales are now included in this calculation.

  • The change applies specifically to cooperatives operating within municipal areas.

  • Effective date is July 1, 2014.

Legislative Description

Utility cooperatives; include industrial customers in calculation of percentage of gross revenue sales paid to municipalities.

Last Action

Died In Committee

2/4/2014

Committee Referrals

Public Utilities1/20/2014

Full Bill Text

No bill text available