Mississippi 2022 Regular Session

Mississippi House Bill HB1508

Introduced
1/17/22  
Refer
1/17/22  

Caption

Bonds; authorize issuance to assist the Progress Community Water Association with water system improvements.

Impact

If enacted, HB1508 will enable the Progress Community Water Association to enhance its water infrastructure, thereby potentially improving the quality and reliability of water services for residents in Lamar and Forrest Counties. The allocation of funds through state bonds signifies a commitment to local infrastructure improvements, addressing both current and future water service demands. The bill also establishes a special fund within the State Treasury, dedicated solely to these projects, ensuring that the funds are used efficiently and directly for the intended purposes.

Summary

House Bill 1508 proposes the authorization of state general obligation bonds aimed at providing financial assistance to the Progress Community Water Association located in Lamar County, Mississippi. The primary purpose of the bill is to fund the construction, repair, replacement, and expansion of the water system and related infrastructure within the association's service area, which also includes Forrest County. The bill stipulates that the total amount of bonds issued for these projects shall not exceed $6,360,000, with a sunset clause that prevents any issuance beyond July 1, 2026.

Contention

Key points of contention surrounding HB1508 include the concern over the state’s commitment to funding local infrastructure projects through bond measures. Some critics might argue that reliance on bonds could lead to increased state debt or that the disbursement of funds should be subjected to stricter oversight to ensure that improvements are delivered efficiently. Nonetheless, supporters emphasize the immediate benefits of upgrading the water system for public health and safety. The bill's clear financial terms and governance structure aim to address these concerns by providing a transparent framework for bond issuance and fund utilization.

Companion Bills

No companion bills found.

Previously Filed As

MS HB1700

Bonds; authorize issuance to assist the New Site Water Association with water system improvements.

MS HB1669

Bonds; authorize issuance to assist the Thrasher Water Association with water system improvements.

MS HB216

Bonds; authorize issuance to assist the Old Union Water Association with system improvements.

MS HB242

Bonds; authorize issuance to assist the Old Union Water Association with system improvements.

MS HB528

Bonds; authorize issuance to assist Brooklyn Utility Association with water system improvements.

MS HB198

Bonds; authorize issuance to assist City of Greenville with improvements to its water and sewer systems.

MS HB1280

Bonds; authorize issuance to assist City of Jackson with making repairs and improvements to water and sewer systems.

MS HB1254

Bonds; authorize issuance to assist City of Jackson with making repairs and improvements to water and sewer systems.

MS SB3096

Bonds; authorize issuance to assist Town of Tchula in paying costs of improvements to water and sewer systems.

MS SB3098

Bonds; authorize issuance to assist Town of Goodman in paying costs of improvements to water and sewer systems.

Similar Bills

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