MS HB942

Authorizes rate-regulated electric utilities to permit broadband service providers to use their electric delivery system (poles, lines, fiber, cables, equipment) to provide broadband services in unserved/underserved areas

Defines "unserved and/or underserved areas" as locations lacking broadband service of at least 25 megabits per second downstream and 3 megabits per second upstream from at least one provider

Allows retail customers with loads greater than 20 megawatts to construct fiber-optic infrastructure on public utilities' existing rights-of-way

Authorizes the Public Service Commission to contract with federal agencies (FCC, Department of Commerce, NTIA) and state agencies for collecting broadband availability mapping data

Requires electric utility revenues from competitive broadband services to be credited back to electric customers through an annual adjustment mechanism established by the Public Service Commission