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MS HB1119
Bill
Status
2/3/2015
Primary Sponsor
Preston Sullivan
Click for details
AI Summary
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Amends Section 1, Chapter 558, Laws of 2012 to establish a special fund called the "Deepwater Horizon Oil Disaster Fund" for all settlement and damage recovery funds received by Mississippi related to the Deepwater Horizon oil spill.
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Requires funds deposited in the Deepwater Horizon Oil Disaster Fund to be appropriated by the Legislature exclusively to the Mississippi Department of Transportation for road maintenance.
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Allocates 50% of the fund to the Mississippi Transportation Commission for maintenance of roads of greatest need in the state highway system.
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Allocates 50% of the fund to be transferred to counties by the Mississippi Transportation Commission for county highway system maintenance, with each county receiving an equal annual amount.
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Becomes effective upon passage.
Legislative Description
"Deepwater Horizon Oil Disaster Fund"; require all funds received by state shall be appropriated for state and county road maintenance.
Last Action
Died In Committee
2/3/2015