Adopted

AMENDMENT NO 1 PROPOSED TO

Cmte Sub for House Bill No.  819

BY: Representative Ford (54th)

AMEND on line 32 after the word "distributed" by deleting the words "once each year" and inserting in lieu thereof the following:

     "in the following manner annually:  each municipality shall be paid Six Thousand Dollars ($6,000.00), with the remainder of the monies to be paid"

AMEND FURTHER after line 215 by inserting the following new section and renumbering the succeeding section:

SECTION 3.  (1)  There is created in the State Treasury a special fund to be designated as the "Mississippi First Responders Health and Safety Trust Fund" to be administered by the Commissioner of Insurance to assist the state, municipalities, counties and fire protection districts with providing benefits required by the Mississippi First Responders Health and Safety Act.  This fund shall consist of monies provided to it through the provisions of subsection (2) of this section, and any monies which may be appropriated to it by the Legislature.  Unexpended amounts remaining in the fund at the end of a fiscal year shall not lapse into the State General Fund, and any interest earned on amounts in the fund shall be deposited to the credit of the fund.

     (2)  The Department of Revenue shall pay for credit to the fund created under subsection (1) of this section the sum of Five Hundred Thousand Dollars ($500,000.00) annually out of the insurance premium tax collected annually from the taxes levied on the gross premiums on fire insurance policies written on properties in this state.