Mississippi HB4112 restores funding for the Northeast Mississippi Regional Water Supply District to address regional water shortages.
Mississippi HB4112 amends local laws to restore funding for the Northeast Mississippi Regional Water Supply District. The bill authorizes the City of Tupelo to issue bonds up to $53 million to finance water projects, including treatment facilities and transmission lines. A special sales tax of 0.25% will be levied to cover up to 50% of the bond costs. The tax will be repealed once the bonds are paid off. The district will use the funds to alleviate regional water shortages, benefiting residential, industrial, and commercial users. The act will be repealed on July 1, 2030.
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