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MS SB2981

Bill

Status

Passed

4/7/2014

Primary Sponsor

Sampson Jackson

Click for details

Origin

Senate

2014 Regular Session

AI Summary

  • Authorizes the Kemper County Board of Supervisors to create the Kemper County Natural Gas District as a political subdivision of Mississippi with power to construct and operate a natural gas transmission and distribution system

  • Establishes a six-member interim board of commissioners appointed by the Board of Supervisors, transitioning to elected commissioners chosen by district users once 100 customers receive service

  • Grants the district authority to issue revenue bonds up to $10,000,000 to finance system construction, with bonds subject to public notice and potential voter protest requiring an election if 10% of users object

  • Exempts the district from Mississippi Public Service Commission jurisdiction, treating it as a municipal gas system, and exempts system property from ad valorem taxes if acquired through lease-purchase

  • Empowers the board to accept grants and loans from federal and state agencies, contract with public or private entities for system management, and employ engineers and attorneys

Legislative Description

Kemper County; authorize creation of the Kemper County Natural Gas District.

Last Action

Approved by Governor

4/7/2014

Committee Referrals

Local and Private Legislation3/19/2014
Local and Private3/6/2014

Full Bill Text

No bill text available