|SB 0787||Establishes an ambulance district fund and revises the current funding mechanism for the fire education fund|
|LR Number:||2749S.02I||Fiscal Note:||2749-02|
|Committee:||Local Government and Economic Development|
|Last Action:||02/15/00 - SCS Voted Do Pass S Local Government & Economic||Journal page:|
|Effective Date:||August 28, 2000|
SCS/SB 787 - This act transfers one and one-half percent of the premium taxes collected from insurance companies to the Missouri Ambulance District Fund. The amount placed in the fund cannot exceed $1,500,000 in any fiscal year. This act establishes the Missouri Ambulance District Trust Fund whereby forty percent of the Ambulance District Fund is set aside for investment purposes. Moneys in the Ambulance District Fund are to be used to provide ambulance attendant training, equipment and to defray operational costs of each district. This act also creates the Missouri Ambulance District Commission within the Department of Health to approve expenditures from the fund.
This act also credits one and one-half percent of the premium taxes levied on insurance companies to the Fire Education Fund. Currently, three percent of the amount collected which exceeds the premium taxes deposited in 1997 are credited to the Fund. This portion of the act is similar to SB 739 (2000).
This act also creates a fire district equipment subaccount
of the Fire Education Fund. Any amount over $500,000 generated
by the one and one-half percent premium tax will be transferred
to this subaccount. The moneys deposited in this subaccount may
be used to provide grants to fire protection districts with a
population of less than 10,000. This subaccount will be
administered by the Department of Public Safety. Fire protection
districts requesting money for equipment will have to apply to
the Department for a grant.