Mississippi Senate Bill SB3079

Mississippi 2022 Regular Session

• Introduced: 2/17/22
• Refer: 2/17/22
• Failed: 2/23/22

Caption

Bonds; authorize issuance to assist Sand Creek Wastewater Authority in paying costs of upgrade to North Lee County facility.

Impact

The bill is expected to have significant implications for state and local efforts to improve wastewater management infrastructure. By enabling the Sand Creek Wastewater Authority to access necessary funding for upgrades, the bill aims to bolster environmental quality and public health standards in the region. It reflects the state's commitment to improving sanitation facilities, which is crucial for maintaining clean water resources and supporting population health.

Summary

Senate Bill 3079 proposes the authorization of general obligation bonds by the state of Mississippi to assist the Sand Creek Wastewater Authority. The funds raised through these bonds will primarily be directed towards upgrading the regional wastewater treatment facility that serves North Lee County. The initiative is intended to enhance sanitation and provide cleaner water for the community. The total amount authorized for bond issuance is capped at $6,300,000, with restrictions on issuance lasting until July 1, 2026.

Contention

While the bill presents an important opportunity for development in wastewater management, contention may arise around the fiscal implications of approving large bond issuances. Critics may argue that diverting state resources to fund upgrades could impact other essential services. However, supporters maintain that the benefits to public health and environmental sustainability provide a justification for the debt incurred through bond issuance. Overall, the financing of projects like these plays a crucial role in balancing budgetary needs and environmental responsibilities.