Mississippi 2022 Regular Session

Mississippi House Bill HB1015

Introduced
1/17/22  
Refer
1/17/22  
Engrossed
2/8/22  
Refer
2/15/22  

Caption

"Property Clean-up Revolving Fund"; establish.

Impact

If passed, HB 1015 would create a structured avenue for municipalities to access funds specifically for property cleanup projects. The revolving fund, maintained in perpetuity, is designed to receive appropriated or grant funds, as well as repayable loans from the municipalities themselves. This will potentially enhance the municipal capacity to undertake vital cleanup operations without exerting undue fiscal pressure on local budgets at the outset, thereby allowing for more proactive community health management.

Summary

House Bill 1015 seeks to establish the 'Property Clean-Up Revolving Fund', aimed at assisting municipalities in Mississippi with the cleanup of properties deemed to be a menace to public health, safety, and welfare. The bill allows the Mississippi Department of Environmental Quality to administer a revolving loan program for these cleanup efforts. This funding mechanism is intended to provide municipalities with the necessary financial resources to address environmental and health hazards resulting from neglected or polluted properties, promoting overall community betterment and safety.

Sentiment

The sentiment surrounding HB 1015 appears to be largely positive among supporters who advocate for improved community health and safety through environmental remediation efforts. The establishment of a dedicated fund is seen as a vital step by many in the community, particularly local government officials who contend that financial barriers often prevent necessary cleanups. However, some concerns have been raised about the management and allocation of funds to ensure that the program effectively meets its desired outcomes.

Contention

Notable points of contention surrounding this bill include the accountability measures for the fund's usage and the regulatory framework governing the loan distribution process. Stakeholders may debate the extent to which municipalities can independently manage projects funded through the revolving loan program and the mechanisms for ensuring compliance with established environmental standards. Additionally, there may be discussions around the fiscal impacts of establishing such a fund and potential liabilities for municipalities if cleanup efforts do not yield the expected public health benefits.

Companion Bills

No companion bills found.

Previously Filed As

MS HB868

"Property Cleanup Revolving Fund"; establish.

MS HB733

"Property Cleanup Revolving Fund"; establish.

MS HB556

"Property Clean up Revolving Fund"; establish.

MS SB2503

"Property Cleanup Revolving Fund"; establish funded by state bonds.

MS SB2023

"Property Cleanup Revolving Fund"; establish fund by state bonds.

MS HB1506

Establishing a revolving clean energy accelerator fund in the department of energy.

MS HB630

Establishing a revolving clean energy accelerator fund in the department of energy.

MS HB691

Reinstates the Brownfields Cleanup Revolving Loan Fund and program (EN INCREASE SD EX See Note)

MS HB1530

Bonds; authorize issuance for the Water Pollution Control Revolving Fund.

MS HB1767

Bonds; authorize issuance for the Water Pollution Control Revolving Fund.

Similar Bills

MS SB2497

Neighborhood Housing Rehabilitation Program (NHRP); direct Mississippi Home Corporation to establish using federal funds.

MS SB2565

Neighborhood Housing Rehabilitation Program (NHRP); direct Mississippi Home Corporation to establish using federal funds.

MS SB2502

Neighborhood Housing Rehabilitation Program (NHRP); direct Mississippi Home Corporation to establish using federal funds.

MS SB2247

Neighborhood Housing Rehabilitation Program (NHRP); direct Mississippi Home Corporation to establish using federal funds.

MS SB2252

Neighborhood Housing Rehabilitation Program (NHRP); direct Mississippi Home Corporation to establish using federal funds.

MS SB2014

Ad valorem taxes; consider annexed business "new enterprise" for purpose of eligibility for certain municipal tax exemptions.

MS HB556

"Property Clean up Revolving Fund"; establish.

MS SB2023

"Property Cleanup Revolving Fund"; establish fund by state bonds.