From official state and federal legislative records. Informational only, not legal advice.
Signed — now law
The governor signed it. This is now an official law.
The governor signed it. Nothing left to watch.
In plain words
AI summaryWritten by AI from the bill text. Check the official text before relying on it.
An act to create the mississippi rural water oversight committee; To define terms; To set committee membership; To require providers to obtain a rate study and capacity study by december 1, 2027, and every five years thereafter; To provide requirements for rates; To provide for modification of rates according to rate studies; To require providers to develop an asset management plan by december 1, 2027; To stipulate minimum requirements for such asset management plan; To allow the committee to promulgate rules and regulations concerning the rate studies, capacity studies and asset management plans; To require providers to set aside a portion of gross revenues for refurbishment and replacement; To require the committee to maintain an approved list of entities to conduct rate studies; To provide guidelines for approval; To require a rate study or amendment before commencement of a major development project; To require rate studies to be filed with the state auditor's office; To describe when a provider is in fiscal distress; To require the mississippi state department of health to maintain a list of providers in fiscal distress; To require providers in fiscal distress to file an improvement plan; To stipulate actions upon receipt of an improvement plan; To prohibit fiscally distressed providers from receiving certain state financial assistance until an improvement plan is in place; To provide for removal of board members upon a finding of fiscal distress; To require providers at 75% capacity to take certain actions; To provide that nothing in this act shall be construed as conflicting with federal law; To amend section 41-3-16, mississippi code of 1972, to provide for payment of new employees' annual salaries out of the local governments and rural water systems improvements revolving loan fund; And for related purposes.