Proposal to use BP Funds to Improve State Roads
A proposal advancing at the capitol would use part of Mississippi’s oil spill settlement money to help pay for transportation improvements statewide.
The plan came from House Ways and Means Committee Chairman Jeff Smith, a Columbus Republican. Gulf Coast representatives oppose it, saying the money should be spent in the part of the state most affected by the 2010 BP spill in the Gulf of Mexico.
Mississippi is scheduled to receive $150 million the first year of the settlement and Smith’s plan would put $50 million of that into a fund to help repay bonds for projects such as highway and bridge repairs.
House Bill 1386 passed the House 101-20 on Tuesday and moves to the Senate where Republican Lieutenant Governor Tate Reeves opposes it.