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Committee clears bill to let Jackson Water access tax‑exempt capital markets; sponsors say governance unaffected
Summary
Senate Bill 2575 was reported after sponsors said it will treat the entity overseeing Jackson Water like a nonprofit for the limited purpose of accessing tax‑exempt capital markets; sponsors and supporters said the measure does not change water system governance.
Senate Bill 2575 was reported from the Senate Accountability, Efficiency, Transparency Committee after sponsors said the narrow change will allow the entity managing Jackson Water to access tax‑exempt capital markets without altering governance.
Sponsor (Senator, sponsor) and Senator Blunt described the bill as a targeted, non‑governance change aimed at improving Jackson Water’s…
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