Public Water Authorities; expand the definition of qualified corporation.
SB 2575 expands the definition of "qualified corporation" under Mississippi law to include for-profit entities formed solely to comply with federal or state water regulations. This change would allow water service providers (both not-for-profit and for-profit) to convert their organizations into public "water authorities" under Chapter 51-41. As a water authority, these entities could access tax-exempt capital markets to finance water infrastructure projects, aiming to secure lower water rates for customers. The bill, which died in committee on March 4, 2025, does not create new services but modifies eligibility for an existing conversion process.
Bill status
died
3 of 5 stages cleared
Introduction
Feb 2025
Committee Review
Feb 2025
Senate Passage
Feb 2025
House Passage
Governor
Introduced Feb 12, 2025
Last action Mar 4, 2025
Maddy AI version diff · 1 comparison
What changed between versions
As Introduced
→
Current version
·
4 edits
MODERATE
This bill amends Mississippi Code sections related to water authorities to expand eligibility and clarify requirements for converting water-related entities into public water authorities. The changes allow for-profit entities to qualify alongside not-for-profit organizations and streamline the conversion process for multiple entities to join together.
Scope change
The bill expands eligibility to include for-profit entities in addition to not-for-profit corporations and associations, and allows multiple qualified corporations to jointly convert into a single water authority.
ELIGIBILITY
Expanded definition of 'qualified corporation' to include for-profit entities formed solely for complying with federal or state orders, in addition to not-for-profit corporations and associations.
REQUIREMENT
Added provision allowing two or more qualified corporations to jointly convert into and become reconstituted as a single water authority under the same procedures as a single corporation.
DEFINITION
Clarified that 'qualified corporation' must provide, distribute, transmit, treat, pump, or store raw or potable water to or for the benefit of members of the general public and commercial, industrial and other users.
TECHNICAL
Removed page headers and formatting artifacts from the original bill text while preserving all substantive legislative content.
Floor votes · Senate Feb 11, 2025
How they voted
50–1
Passed
Total votes 51
Feb 11, 2025
D
Democratic16
93% Yea
R
Republican35
100% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
6
Key actions
2
Committee
3
Feb 14, 2025
Committee
Referred To Public Utilities;Accountability, Efficiency, Transparency
lower
Feb 12, 2025
Introduced
Transmitted To House
upper
Feb 11, 2025
Upper · Passed
Passed
upper
Jan 30, 2025
Upper · Passed
Title Suff Do Pass
upper
Jan 20, 2025
Committee
Referred To Accountability, Efficiency, Transparency
upper
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
David Parker
RRepublican
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