Centerport’s volunteer firefighter association would have to use covered fire insurance taxes for purposes listed in its founding law, covering premiums received in 2027 or later.
Centerport’s volunteer firefighter association would have to spend covered fire insurance taxes on its legally listed purposes. This rule would cover taxes on premiums received January 1, 2027, or later.
The association would have to use the covered insurance tax money only for purposes listed in its founding law. The rule covers specified fire insurance taxes tied to property in the Centerport Fire District and other territory the Centerport Fire Department Company must protect. The allowed purposes are listed in section 3 of the association’s founding law. If enacted, the tax provisions would apply to taxes due on premiums received on or after January 1, 2027.
No hearings or votes scheduled.