HB 1393
Mississippi Energy Infrastructure Fund; create.
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- Passed House
- Passed Senate
- To Governor
- Became Law
Bill overview
An act to create the mississippi energy infrastructure fund; To define terms; To provide for uses of the funds; To authorize the mississippi development authority to make grants, loans OR provide any other financial assistance; To require any local entity desiring a grant, loan OR other financial assistance to submit an application; To prescribe application requirements; To require the authority to determine whether the project meets the definition of an approved project and whether to provide the assistance requested IN the form of a grant, loan OR other financial assistance; To grant the mississippi development authority sole discretion IN providing grants, loans OR providing other financial assistance; To prohibit an electric utility provider from being considered eligible to be a direct recipient of funding; To require the mississippi development authority to promulgate rules and regulations; To provide that this act shall be repealed on july 1, 2029; And for related purposes.
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