Establishes the volunteer fire departments capital fund under the office of fire prevention and control; appropriates funds for such capital fund.

The bill establishes the volunteer fire departments capital fund under the office of fire prevention and control. It appropriates funds for the capital fund, which will be used to make grants to qualifying volunteer fire departments. The office of fire prevention and control will manage the fund, including receipt, management, and expenditure of monies. The fund will be invested in accordance with the comptroller's guidelines, and investment income will be credited to the fund. The office will report quarterly on fund transactions.

Establishes the volunteer fire departments capital fund under the office of fire prevention and control; appropriates funds for such capital fund.

The bill establishes the volunteer fire departments capital fund under the office of fire prevention and control. It appropriates funds for the capital fund, which will be used to make grants to qualifying volunteer fire departments. The office of fire prevention and control will manage the fund, including receipt, management, and expenditure of monies. The fund will be invested in accordance with the comptroller's guidelines, and investment income will be credited to the fund. The office will report quarterly on fund transactions.