MS HB4069

Establishes a mechanism for the Mississippi Public Service Commission to authorize financing orders allowing state general obligation bonds to cover electric utility repair costs from the January 2026 winter storm declared a federal disaster on February 6, 2026

Requires electric utilities to collect a "system restoration charge" from retail customers on their bills to pay debt service on the bonds, with annual adjustments to ensure sufficient revenue

Creates the Mississippi Severe Winter Storm of 2026 Electric Utility Customer Relief and Electric Utility System Restoration Fund in the State Treasury, with separate accounts for each participating utility

Utilities must petition the Public Service Commission within 180 days of the act's effective date, demonstrating that bond financing would result in lower costs or mitigate rate impacts compared to traditional recovery methods

Establishes expedited timelines including 60 days for Commission action on petitions, 7-day appeal windows to the Mississippi Supreme Court, and mandatory bond retirement within 60 days once sinking funds are sufficient