Mississippi legislation · 2026 Regular Session
Mississippi HB4069: Mississippi Severe Winter Storm of 2026 Electric Utility Customer Relief and Electric Utility System Restoration Act; create.
Status: Failed, March 28, 2026
AN ACT TO CREATE THE MISSISSIPPI SEVERE WINTER STORM OF 2026 ELECTRIC UTILITY CUSTOMER RELIEF AND ELECTRIC UTILITY SYSTEM RESTORATION ACT"; TO ESTABLISH A MECHANISM BY WHICH THE MISSISSIPPI PUBLIC SERVICE COMMISSION MAY AUTHORIZE AND CERTIFY AN ELECTRIC UTILITY FINANCING ORDER AND THE STATE MAY ISSUE GENERAL OBLIGATION BONDS TO PAY THE COSTS OF REPAIRING DAMAGE TO THE SYSTEMS OF ELECTRIC UTILITIES CAUSED BY THE MISSISSIPPI SEVERE WINTER STORM OF 2026; TO AUTHORIZE ELECTRIC UTILITIES TO PETITION THE PUBLIC SERVICE COMMISSION FOR THE ISSUANCE OF A FINANCING ORDER WHICH, WHEN TRANSMITTED TO THE STATE BOND COMMISSION BY AN ELECTRIC UTILITY, AUTHORIZES THE ISSUANCE OF BONDS TO PAY THE COSTS ASSOCIATED WITH RESTORING THE SYSTEM OF THE ELECTRIC UTILITY; TO PROVIDE THE CONTENTS OF SUCH A PETITION; TO AUTHORIZE THE PUBLIC UTILITIES STAFF TO CONDUCT AN INDEPENDENT INVESTIGATION OF THE PETITION; TO ESTABLISH THE DUTIES OF THE PUBLIC SERVICE COMMISSION WITH REGARD TO SUCH PETITIONS; TO PROVIDE FOR THE CONTENTS OF FINANCING ORDERS; TO PROVIDE THAT THE FINANCING ORDER SHALL REQUIRE THE ELECTRIC UTILITY TO COLLECT A SYSTEM RESTORATION CHARGE FROM ITS RETAIL CUSTOMERS SUFFICIENT TO PAY THE DEBT SERVICE ON ANY BONDS ISSUED PURSUANT TO THE FINANCING ORDER; TO PROVIDE FOR ANNUAL ADJUSTMENTS TO THE SYSTEM RESTORATION CHARGES TO ENSURE THAT THE CHARGES ARE SUFFICIENT TO PAY THE DEBT SERVICE ON ANY BONDS ISSUED PURSUANT TO THIS ACT; TO PROVIDE THE METHOD FOR APPEALING DECISIONS OF THE PUBLIC SERVICE COMMISSION WITH RESPECT TO A FINANCING ORDER; TO PROVIDE FOR THE DURATION OF A FINANCING ORDER; TO AUTHORIZE THE ISSUANCE OF STATE GENERAL OBLIGATION BONDS IN AN AMOUNT NOT TO EXCEED THE AMOUNT SPECIFIED IN THE FINANCING ORDER TO BE UTILIZED BY AN ELECTRIC UTILITY TO PAY THE COST OF REPAIRS NECESSITATED BY THE MISSISSIPPI SEVERE WINTER STORM OF 2026; TO AUTHORIZE THE CREATION OF SINKING FUNDS INTO WHICH SYSTEM RESTORATION CHARGES COLLECTED BY THE ELECTRIC UTILITY SHALL BE DEPOSITED AND TO PRO
What the bill says
An act to create the mississippi severe winter storm of 2026 electric utility customer relief and electric utility system restoration act"; to establish a mechanism by which the mississippi public service commission may authorize and certify an electric utility financing order and the state may issue general obligation bonds to pay the costs of repairing damage to the systems of electric utilities caused by the mississippi severe winter storm of 2026…
From the introduced text:
AN ACT TO CREATE THE MISSISSIPPI SEVERE WINTER STORM OF 2026 ELECTRIC UTILITY CUSTOMER RELIEF AND ELECTRIC UTILITY SYSTEM RESTORATION ACT"; TO ESTABLISH A MECHANISM BY WHICH THE MISSISSIPPI PUBLIC SERVICE COMMISSION MAY AUTHORIZE AND CERTIFY AN ELECTRIC UTILITY FINANCING ORDER AND THE STATE MAY ISSUE GENERAL OBLIGATION BONDS TO PAY THE COSTS OF REPAIRING DAMAGE TO THE SYSTEMS OF ELECTRIC UTILITIES CAUSED BY THE MISSISSIPPI SEVERE WINTER STORM OF 2026; TO AUTHORIZE ELECTRIC UTILITIES TO PETITION THE PUBLIC SERVICE COMMISSION FOR THE ISSUANCE OF A FINANCING ORDER WHICH, WHEN TRANSMITTED TO THE STATE BOND COMMISSION BY AN ELECTRIC UTILITY, AUTHORIZES THE ISSUANCE OF BONDS TO PAY THE COSTS ASSOCIATED WITH RESTORING THE SYSTEM OF THE ELECTRIC UTILITY; TO PROVIDE THE CONTENTS OF SUCH A PETITION; TO AUTHORIZE THE PUBLIC UTILITIES STAFF TO CONDUCT AN INDEPENDENT INVESTIGATION OF THE PETITION; TO ESTABLISH THE DUTIES OF THE PUBLIC SERVICE COMMISSION WITH REGARD TO SUCH PETITIONS; TO PROVIDE FOR THE CONTENTS OF FINANCING ORDERS; TO PROVIDE THAT THE FINANCING ORDER SHALL REQUIRE THE ELECTRIC UTILITY TO COLLECT A SYSTEM RESTORATION CHARGE FROM ITS RETAIL CUSTOMERS SUFFICIENT TO PAY THE DEBT SERVICE ON ANY BONDS ISSUED PURSUANT TO THE FINANCING ORDER; TO PROVIDE FOR ANNUAL ADJUSTMENTS TO THE SYSTEM RESTORATION CHARGES TO ENSURE THAT THE CHARGES ARE SUFFICIENT TO PAY THE DEBT SERVICE …
Sponsors
- Lamar, John Thomas (R, 8) · primary sponsor
Latest actions
- : Died In Conference
- : Conferees Named Harkins,Sparks,Whaley
- : Conferees Named Lamar,Steverson,Powell
- : Decline to Concur/Invite Conf
- : Returned For Concurrence
- : Passed As Amended
- : Amended
- : Title Suff Do Pass As Amended
- : Referred To Finance
- : Transmitted To Senate
Votes
- Passed As Amended (March 17, 2026): 52 yea, 0 nay, passed
- Passed (February 25, 2026): 116 yea, 0 nay, passed
Common questions
- What is HB4069?
- HB4069 is a bill in the Mississippi Legislature (2026 Regular Session): Mississippi Severe Winter Storm of 2026 Electric Utility Customer Relief and Electric Utility System Restoration Act; create.
- What does HB4069 do?
- In its own words: An act to create the mississippi severe winter storm of 2026 electric utility customer relief and electric utility system restoration act"; to establish a mechanism by which the mississippi public service commission may authorize and certify an electric utility financing order and the state may issue general obligation bonds to pay the costs of repairing damage to the systems of electric utilities caused by the mississippi severe winter storm of 2026…
- What is the status of HB4069?
- Failed as of March 28, 2026. Latest action: Died In Conference (March 28, 2026).
- Who sponsored HB4069?
- Lamar, John Thomas (R, 8).
- Where is the official record for HB4069?
- On the Mississippi Legislature website: http://billstatus.ls.state.ms.us/2026/pdf/history/HB/HB4069.xml
Source: official Mississippi record. Tracked by Delilah, AI for legislation across all 50 states and Congress.