HB3153 HFA Linville et al 2-28 #1

  McO

Delegates Linville, Westfall, Ellington, Gearheart and Jeffries move to amend the bill on page eleven, section 33, beginning on line 33, by striking out the following:  “(4) After January 1, 2024, for purposes of providing additional revenue for volunteer fire departments and emergency medical services providers, there is hereby authorized and imposed on the policyholder of any fire insurance policy or casualty insurance policy issued any insurer, authorized or unauthorized, or by any risk retention group, a policy surcharge equal to 0.45% of the taxable premium for each such policy.  All money from the policy surcharge authorized by this subdivision shall be collected by the commissioner, who shall disburse 77.5 percent of the money received from the surcharge into the Fire Protection Fund for distribution as provided in subsection (f) of this section. The commissioner shall disburse 22.5 percent of the money received from the surcharge into the Emergency Medical Services Equipment and Training Fund established in §16-4C-24 of this code for disbursement in accordance with the provisions of that section. The policy surcharge authorized by this subdivision is separate from and in addition to the tax imposed by §33-3-14d of this code and the surcharge authorized in subdivision (3) of this subsection” and inserting in lieu thereof the following:  On July 1, 2023, and each July 1 thereafter, the State Lottery Commission shall transfer to the Insurance Commissioner $12,346,950.23 from the balance of the funds remaining as an unappropriated balance in the State Excess Lottery Revenue Fund for the fiscal year just ended.  The commissioner shall disburse 77.5 percent of the money received from this transfer into the Fire Protection Fund for distribution as provided in subsection (f) of this section. The commissioner shall disburse 22.5 percent of the money received from this transfer into the Emergency Medical Services Equipment and Training Fund established in §16-4C-24 of this code for disbursement in accordance with the provisions of that section.”.

ADOPTED

REJECTED