MS·Bill·2025 Regular Session
HB 1002
Nuclear generating plants; revise distribution of payments made in lieu of ad valorem taxes.
Introduced 2026-01-16Last action 2026-02-03 — Died In CommitteeCommittee Insurance
Sponsor
HarnessR
Cosponsors
None⚫
Died in House committee
The 2025 Regular Session ended on 2025-04-06. This bill was in committee when the session adjourned and did not advance to enactment.
Legislative Progress
✓
Introduced
✗
In Committee
3
Passed Chamber
4
Enacted / Signed
Summary
This bill modifies how Mississippi distributes payments that nuclear power plants make in lieu of property taxes, specifically directing a portion of these payments to the Claiborne County School District. Currently, nuclear generating plants pay the state a flat minimum amount annually (at least $20 million) instead of traditional property taxes, with excess payments going to the state's General Fund, but this bill would redirect some of those excess payments to benefit Claiborne County schools. The primary impact is to increase education funding for the school district hosting the Grand Gulf Nuclear Station by establishing a dedicated revenue stream from the nuclear facility's in-lieu tax payments.
Bill history
- 2026-01-16 · HouseReferred To Insurance
- 2026-02-03 · HouseDied In Committee
Note
Historical import. Session: 2025
Full Bill Text
http://billstatus.ls.state.ms.us/documents/2025/pdf/HB/1000-1099/HB1002IN.pdf