Mississippi Lawmakers OK Bonds for For-Profit Utilities

Sigo, Shelly
February 2006
Bond Buyer;2/28/2006, Vol. 355 Issue 32328, p5
Trade Publication
The article discusses a bill proposed by the Mississippi Legislature to Governor Haley Barbour, authorizing the state to issue tax-exempt general obligation bonds on behalf of for-profit electric utilities. The bill, HB 1498, proposes the creation of Hurricane Katrina Electric Utility Customer Relief and Electric Utility System Restoration Act that provides low-interest capital for rebuilding infrastructure destroyed by Hurricane Katrina.


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