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MS Senate passes bill authored by state...

MS Senate passes bill authored by state Sen. Wiggins to keep BP funds on Coast

By: Magnolia Tribune - February 8, 2017

Senate approves BP account for Coast

The state Senate unanimously passed a bill to create a special account for BP oil disaster settlement money to ensure it is spent on the Coast, not inland.

Sen. Brice Wiggins, R-Pascagoula, authored Senate Bill 2634 to create the Gulf Coast New Restoration Reserve fund, with others in the Coast delegation signing on as co-authors. The bill now heads to the House, where some lawmakers have said the money should be distributed statewide, not just on the Coast.

Mississippi is set to receive $1.5 billion from BP over 17 years, with $750 million going to environmental restoration and other projects on the Coast. The other $750 million in economic damages will be paid to the state through 2033 and spent by the Legislature.

Clarion Ledger
2/7/17

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Magnolia Tribune

This article was produced by Y'all Politics staff.