SB 416 - This act would require 3% of the amount which exceeds the amount deposited in general revenue the previous fiscal year from the premium taxes levied on insurance companies, up to a maximum of $1.5M, be transferred to the "Fire Education Fund".

The "Missouri Fire Education Trust Fund" is established, and will be administered by a Board of Trustees consisting of the State Treasurer, two members from the Senate, two members from the House and two members to be appointed by the Governor, with the advice and consent of the Senate. The Fire Education Fund will transfer 40% of the amount the fund receives to the Missouri Fire Education Trust Fund.

The remaining amounts in the Fire Education Fund shall be distributed to the University of Missouri Fire & Rescue Training Institute. The Institute shall use the money to provide training and continuing education to firefighters in this state. The Missouri Fire Education Commission is established in the Division of Fire Safety within the Department of Public Safety, to determine what programs and activities qualify as recipients of funds expended by the Fire Education Fund.

See Truly Agreed To SS/SCS/HCS/HBs 452, et al.
OTTO FAJEN