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2000 SESSION

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SB 230 Fire Programs Fund.

Introduced by: John C. Watkins | all patrons    ...    notes | add to my profiles | history

SUMMARY AS PASSED:

Fire Programs Fund. Clarifies the language establishing the Fire Programs Fund, which is a special nonreverting fund in the state treasury financed by an assessment on insurance companies that write fire, miscellaneous property, marine, homeowners or farmowners insurance. The bill ensures that interest earned on money in the Fund, including interest earned on any assessments held by the SCC but not yet deposited into the Fund, will be credited to the Fund.

SUMMARY AS PASSED SENATE:

Fire Programs Fund. Clarifies the language establishing the Fire Programs Fund, which is a special nonreverting fund in the state treasury financed by an assessment on insurance companies that write fire, miscellaneous property, marine, homeowners or farmowners insurance. The bill ensures that interest earned on money in the Fund, including interest earned on any assessments held by the SCC but not yet deposited into the Fund, will be credited to the Fund.

SUMMARY AS INTRODUCED:

Fire Programs Fund. Clarifies the language establishing the Fire Programs Fund, which is a special nonreverting fund in the state treasury financed by an assessment on insurance companies that write fire, miscellaneous property, marine, homeowners or farmowners insurance. The bill ensures that interest earned on money in the Fund, including interest earned on any assessments held by the SCC but not yet deposited into the Fund, will be credited to the Fund.