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MississippiHB 13932026 Regular SessionHouseWALLET

Mississippi Energy Infrastructure Fund; create.

Sponsored By: Brent Powell (Republican)

Signed by Governor

Public UtilitiesWays and MeansAppropriationsAccountability, Efficiency, Transparency

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Bill Overview

Analyzed Economic Effects

2 provisions identified: 0 benefits, 0 costs, 2 mixed.

Creates Mississippi Energy Infrastructure Fund

Beginning July 1, 2026, the law creates the Mississippi Energy Infrastructure Fund. The fund sits in the State Treasury, does not lapse each year, and keeps the interest it earns. The Mississippi Development Authority runs the fund and must write rules to operate it. Up to 3% of legislative or bond deposits can reimburse the agency’s actual admin costs if documented and allowed by federal tax rules. This authority ends on July 1, 2029.

Grants and loans for local energy projects

Beginning July 1, 2026, the Mississippi Development Authority offers grants, loans, or other help to counties, cities, and local nonprofit development groups. Money can build or equip energy infrastructure for approved projects, like transmission lines, substations, transformers, pipelines, rights-of-way, and long-lead electrical gear. Electric utilities cannot get money directly. Applicants must document costs and purpose, and recipients must sign binding commitments; if they miss required terms, they must repay some or all funds. The authority decides awards and repayment terms, keeps repayments in the fund, and may let local entities sell or lease funded assets.

Sponsors & Cosponsors

Sponsor

  • Brent Powell

    Republican • House

Cosponsors

  • Jeff Hale

    Republican • House

Roll Call Votes

All Roll Calls

Yes: 341 • No: 0

House vote • 3/31/2026

Conference Report Adopted

Yes: 120 • No: 0

Senate vote • 3/31/2026

Conference Report Adopted

Yes: 52 • No: 0

Senate vote • 3/11/2026

Passed As Amended

Yes: 51 • No: 0

House vote • 2/12/2026

Passed

Yes: 118 • No: 0

Actions Timeline

  1. Approved by Governor

    4/8/2026legislature

  2. Enrolled Bill Signed

    4/2/2026Senate

  3. Enrolled Bill Signed

    4/2/2026House

  4. Conference Report Adopted

    3/31/2026Senate

  5. Conference Report Adopted

    3/31/2026House

  6. Conference Report Filed

    3/30/2026Senate

  7. Conference Report Filed

    3/30/2026House

  8. Conferees Named Hopson,DeBar,Blackwell

    3/23/2026Senate

  9. Conferees Named Powell,McKnight,Lamar

    3/23/2026House

  10. Decline to Concur/Invite Conf

    3/18/2026House

  11. Returned For Concurrence

    3/12/2026Senate

  12. Passed As Amended

    3/11/2026Senate

  13. Amended

    3/11/2026Senate

  14. Title Suff Do Pass As Amended

    3/3/2026Senate

  15. DR - TSDPAA: AP To AC

    3/3/2026Senate

  16. Referred To Appropriations;Accountability, Efficiency, Transparency

    2/17/2026Senate

  17. Transmitted To Senate

    2/13/2026House

  18. Passed

    2/12/2026House

  19. Read the Third Time

    2/11/2026House

  20. Title Suff Do Pass

    2/3/2026House

  21. DR - TSDP: WM To PU

    2/3/2026House

  22. DR - TSDP: PU To WM

    1/22/2026House

  23. Referred To Public Utilities;Ways and Means

    1/16/2026House

Bill Text

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