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CT HB05518
Bill
Status
3/2/2016
Primary Sponsor
Insurance and Real Estate Committee
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AI Summary
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Imposes a 0.5% surcharge on net direct premiums from homeowners and renters insurance policies written on Connecticut property, effective July 1, 2016, with annual remittance to the Insurance Commissioner by January 31st.
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Establishes the Connecticut Fire Safety Fund as a separate, nonlapsing account within the General Fund to receive surcharge revenues.
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Directs fund expenditures first to regional fire schools' operating budgets, then to Firefighter I certification training costs and fees for paid and volunteer firefighters in municipalities requiring criminal background checks.
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Allows remaining fund moneys to offset costs of other firefighter training programs including Firefighter II certification and fire operations training.
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Authorizes the Commissioner of Emergency Services and Public Protection to establish budget submission procedures, reporting requirements, and distribution methodologies for fund recipients.
Legislative Description
An Act Imposing A Surcharge On Certain Personal Risk Insurance Policies To Fund Regional Fire Schools' Operating Budgets And Certain Firefighter Training Costs.
Last Action
Tabled for the Calendar, House
4/19/2016