Claiborne County Risk Compensation Fund Act; create.

HB 1351 creates a dedicated fund in the Mississippi State Treasury to compensate Claiborne County for hosting the Grand Gulf Nuclear Power Plant. The fund receives 15% of nuclear in lieu tax revenue and annual contributions from electrical utilities (2 cents per kWh produced plus a percentage of the plant's assessed value). Monies must be used for local safety programs, healthcare services, public schools, and infrastructure improvements directly benefiting the county. An advisory committee oversees fund allocation, and the Department of Revenue conducts triennial audits to ensure accountability.