Municipalities and counties; authorize to purchase water associations.

HB 1088 would authorize Mississippi municipalities and counties to purchase water associations' assets (including water supply and distribution systems) using revenue bonds or special improvement bonds. This would allow local governments to acquire these systems without requiring voter approval for the purchase itself, though bonds must be repaid solely from water system revenues. The bill directly affects municipalities, counties, and water associations operating in Mississippi. It does not change existing rate-setting rules but provides a new financing mechanism for local governments to expand or take over water services. (Note: The bill died in committee on March 4, 2025.)