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MS HB335
Bill
Status
1/30/2018
Primary Sponsor
Sam Mims
Click for details
AI Summary
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Increases annual deposits to the Municipal Fire Protection Fund from $4,850,000 to $6,350,000 from insurance premium tax revenue on fire insurance policies.
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Increases annual deposits to the County Volunteer Fire Department Fund from $4,850,000 to $6,350,000 from insurance premium tax revenue on fire insurance policies.
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Municipal Fire Protection Fund distributions remain based on population using the most recent federal census, with $250,000 annually designated for training on building codes or windstorm mitigation programs.
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County Volunteer Fire Department Fund distributions remain based on county population of non-municipal residents, with $250,000 annually designated for training on building codes or windstorm mitigation programs.
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Effective date: July 1, 2018.
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
1/30/2018