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Measure Providing Additional Funding to the County Volunteer Fire Department Fund and the Municipal Fire Fund Survives Major Deadline
Senate Bill 2802
Senate Bill 2802: This measure increases the funds transferred to the county and municipal fire funds by the Department of Revenue. Note the following:
Municipal Fire Protection Fund: Increases from $4,850,000.00 to $7,500,000.00 from the insurance premium tax. In addition to this fund, the percentage of the insurance premium tax that is distributed based on growth goes from ½% to 10%.
County Volunteer Fire Department Fund: Increases from $4,850,000.00 to $7,500,000.00 from the insurance premium tax. In addition to this fund, the percentage of the insurance premium tax that is distributed based on growth goes from ½% to 10%.
NOTE: This measure will now head back to the Senate Chamber for Concurrence or Non-Concurrence. This measure has a “reverse repealer,” therefore there could be additional changes made once it gets to conference.
ADDITIONAL NOTE: There is another fire truck/fire funding measure still alive in House Bill 1567. This measure brings forward the entire code section that addresses this issue. So far the only changes made to this measure is a “reverse repealer.” Therefore there is a high probability that changes to amend the code section will be made in conference.
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