MS SB3229 | 2026 | Regular Session

Status

Completed Legislative Action
Sponsorship: Slight Partisan Bill (Democrat 2-1)
Status: Passed on April 8 2026 - 100% progression
Action: 2026-04-08 - Approved by Governor
Text: Latest bill text (Enrolled) [HTML]

Summary

An Act To Enact The Mississippi 2026 Severe Winter Storm Electric Utility Customer Relief And Electric Utility System Restoration Act; To Establish A Mechanism By Which The Mississippi Public Service Commission May Authorize And Certify An Electric Utility Financing Order And The State May Issue Bonds To Pay The Costs Of Repairing Damage To The Systems Of Electric Utilities Caused By The 2026 Winter Storm; To Authorize Electric Utilities To Petition The Public Service Commission For The Issuance Of A Financing Order Which, When Transmitted To The State Bond Commission By An Electric Utility, Authorizes The Issuance Of Bonds To Pay The Costs Associated With Restoring The System Of The Electric Utility; To Provide The Contents Of Such A Petition; To Authorize The Public Utilities Staff To Conduct An Independent Investigation Of The Petition; To Establish The Duties Of The Public Service Commission With Regard To Such Petitions; To Provide For The Contents Of Financing Orders; To Provide That The Financing Order Shall Require The Electric Utility To Collect A System Restoration Charge From Its Retail Customers Sufficient To Pay The Debt Service On Any Bonds Issued Pursuant To The Financing Order; To Provide For Annual Adjustments To The System Restoration Charges To Ensure That The Charges Are Sufficient To Pay The Debt Service On Any Bonds Issued Pursuant To This Act; To Provide The Method For Appealing Decisions Of The Public Service Commission With Respect To A Financing Order; To Provide For The Duration Of A Financing Order; To Authorize The Issuance Of Bonds In An Amount Not To Exceed The Amount Specified In The Financing Order To Be Utilized By An Electric Utility To Pay The Cost Of Repairs Necessitated By The 2026 Winter Storm; To Authorize The Creation Of Sinking Funds Into Which System Restoration Charges Collected By The Electric Utility Shall Be Deposited And To Provide That Money In The Sinking Funds Shall Be Utilized To Pay The Debt Service On Bonds Issued Pursuant To A Financing Order; And For Related Purposes.

Tracking Information

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Title

Bonds; authorize revenue bonds to be issued to pay for damage to electric utilities caused by the 2026 winter storm.

Sponsors


Roll Calls

2026-03-29 - Senate - Senate Conference Report Adopted (Y: 50 N: 0 NV: 2 Abs: 0) [PASS]
2026-03-29 - House - House Conference Report Adopted (Y: 121 N: 0 NV: 1 Abs: 0) [PASS]
2026-03-17 - House - House Passed As Amended (Y: 115 N: 0 NV: 7 Abs: 0) [PASS]
2026-02-25 - Senate - Senate Passed (Y: 49 N: 0 NV: 3 Abs: 0) [PASS]

History

DateChamberAction
2026-04-08 Approved by Governor
2026-04-06HouseEnrolled Bill Signed
2026-04-06SenateEnrolled Bill Signed
2026-03-29SenateConference Report Adopted
2026-03-29HouseConference Report Adopted
2026-03-27HouseConference Report Filed
2026-03-27SenateConference Report Filed
2026-03-25HouseConferees Named Lamar,Steverson,Powell
2026-03-24SenateConferees Named Harkins,Sparks,Whaley
2026-03-19SenateDecline to Concur/Invite Conf
2026-03-18HouseReturned For Concurrence
2026-03-17HousePassed As Amended
2026-03-17HouseAmended
2026-03-03HouseTitle Suff Do Pass As Amended
2026-02-26HouseReferred To Ways and Means
2026-02-26SenateTransmitted To House
2026-02-25SenatePassed
2026-02-24SenateTitle Suff Do Pass
2026-02-24SenateReferred To Finance

Code Citations

ChapterArticleSectionCitation TypeStatute Text
7732New CodeSee Bill Text

Mississippi State Sources

TypeSource
Summaryhttps://billstatus.ls.state.ms.us/2026/pdf/history/SB/SB3229.xml
Texthttps://billstatus.ls.state.ms.us/documents/2026/html/SB/3200-3299/SB3229IN.htm
Texthttps://billstatus.ls.state.ms.us/documents/2026/html/SB/3200-3299/SB3229PS.htm
Texthttps://billstatus.ls.state.ms.us/documents/2026/html/SB/3200-3299/SB3229SG.htm
Amendmenthttps://billstatus.ls.state.ms.us/documents/2026/html/ham/SB3229_H_Cmte_Amend_01.htm
Supplementhttps://billstatus.ls.state.ms.us/documents/2026/pdf/cr/SB3229CR.pdf
Roll Callhttps://billstatus.ls.state.ms.us/2026/pdf/votes/senate/0510017.pdf
Roll Callhttps://billstatus.ls.state.ms.us/2026/pdf/votes/house/0710004.pdf
Roll Callhttps://billstatus.ls.state.ms.us/2026/pdf/votes/house/0830070.pdf
Roll Callhttps://billstatus.ls.state.ms.us/2026/pdf/votes/senate/0830077.pdf

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