Bill

Bill > SB2543


MS SB2543

MS SB2543
Coronavirus State Fiscal Recovery Funds; amend provisions related to.


summary

Introduced
01/20/2025
In Committee
02/10/2025
Crossed Over
02/06/2025
Passed
Dead
03/31/2025

Introduced Session

Potential new amendment
2025 Regular Session

Bill Summary

An Act To Bring Forward Section 49-2-131, Mississippi Code Of 1972, Which Establishes The Municipal And County Water Infrastructure Grant Program For The Purposes Of Possible Amendment; To Amend Section 4, Chapter 509, Laws Of 2024, Which Provides Requirements Concerning The Transfer Of Unobligated Coronavirus State Fiscal Recovery Funds Upon A Certain Date, To Direct The State Fiscal Officer, In Conjunction With The State Treasurer, To Transfer Certain Deobligated Funds; And For Related Purposes.

AI Summary

This bill brings forward and modifies two existing provisions related to Coronavirus State Fiscal Recovery Funds (ARPA funds), focusing on water infrastructure grants and fund transfer procedures. First, it reaffirms the Mississippi Municipality and County Water Infrastructure (MCWI) Grant Program, which allows municipalities, counties, and certain public utilities to apply for reimbursable grants to invest in water, wastewater, and stormwater infrastructure using ARPA funds. The program includes specific eligibility criteria, such as matching fund requirements and project types, and emphasizes supporting economically disadvantaged communities. Grants can be used for a wide range of infrastructure projects, including drinking water improvements, wastewater treatment, stormwater management, and lead remediation. The Department of Environmental Quality will manage the grant program, reviewing and ranking applications based on factors like environmental impact, economic development potential, and community needs. The second part of the bill addresses the transfer of unobligated ARPA funds, directing the State Fiscal Officer to identify funds that will not be obligated by October 1, 2024, and requiring the State Treasurer to transfer these funds to specific state accounts. The bill also adds a new provision allowing for the transfer of deobligated funds after October 5, 2024, to the ARPA-MDOT Maintenance Project Fund, ensuring efficient use of remaining federal recovery funds.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Died In Conference (on 03/31/2025)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...