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MS HB173

Bill

Official Source

Status

Failed

1/31/2017

Primary Sponsor

Sam Mims

Click for details

Origin

House of Representatives

2017 Regular Session

AI Summary

  • Increases annual insurance premium tax revenue deposited into the Municipal Fire Protection Fund from $4,850,000 to $6,350,000 for distribution to municipalities based on population.

  • Increases annual insurance premium tax revenue deposited into the County Volunteer Fire Department Fund from $4,850,000 to $6,350,000 for distribution to counties based on population.

  • Allows county-owned fire equipment or property to be used by any legally created fire department at the discretion of the board of supervisors.

  • Maintains existing requirements that municipalities and counties levy at least one-fourth mill in property taxes for fire protection purposes to remain eligible for fund distributions.

  • Takes effect July 1, 2017.

Legislative Description

Insurance rebate monies; increase amount deposited into Municipal Fire Protection Fund and the County Volunteer Fire Department Fund.

Last Action

Died In Committee

1/31/2017

Committee Referrals

Insurance1/3/2017

Full Bill Text

No bill text available