JACKSON, MS (WLOX) - Mississippi's portion of the BP settlement money is one step closer to coming to the coast. Legislation directing funds to a new Gulf Coast restoration fund passed the Senate unanimously Tuesday. It now heads to the House for consideration.
"The Mississippians most affected by the Deepwater Horizon disaster were the fishermen, hotel owners, restaurant owners and residents of the Gulf Coast," Lt. Gov. Tate Reeves said. "In today's polarized times, many politicians are criticized for focusing only on what is in their own best interest. Today, the Mississippi Senate voted to do what is right. Our state senators recognize a healthy Gulf Coast economy benefits the entire state."
Senate Bill 2634, by Sen. Brice Wiggins, R- Pascagoula, creates the Gulf Coast New Restoration Reserve Fund, which would hold the funds separate from general tax dollars. The bill was co-authored by Sens. Tommy Gollott, R-Biloxi; Sean Tindell, R-Gulfport; Mike Seymour, R-Vancleave; Philip Moran, R-Kiln; and Michael Watson, R-Pascagoula.