S652 Summary

• Appropriates $5,000,000 in nonrecurring funds from the General Fund to the Department of Insurance for the 2020-2021 fiscal year to be allocated to the Volunteer Fire Department Fund.

• Limits grants to fire departments located in counties designated as development tier one according to the most recent annual ranking.

• Establishes tiered matching fund requirements based on annual budget size: departments with budgets $75,000 or greater must match 1:1, departments with budgets $50,000-$75,000 must match $1 for every $5 of grant funds, and departments with budgets under $50,000 require no match.

• Sets maximum grant amount at $50,000 per applicant.

• Effective date is July 1, 2021.