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MS HB1185

Bill

Official Source

Status

Failed

3/26/2018

Primary Sponsor

Scott DeLano

Click for details

Origin

House of Representatives

2018 Regular Session

AI Summary

  • Brings forward Section 27-103-302, Mississippi Code of 1972, which governs the handling of Deepwater Horizon oil spill settlement funds
  • Requires all funds received by Mississippi through negotiated settlement for economic damages from the Deepwater Horizon explosion and sinking be deposited into the Budget Contingency Fund
  • Excludes from this requirement any settlement funds that are mandated to be paid to other public entities
  • Directs the deposited funds to be available for appropriation by the Legislature
  • Takes effect upon passage

Legislative Description

BP oil spill settlement funds; bring forward section requiring deposit into the BCF.

Last Action

Died In Conference

3/26/2018

Committee Referrals

Appropriations1/15/2018

Full Bill Text

No bill text available