Updates provisions regarding the collection and use of foreign fire insurance premium taxes by the Centerport Volunteer Exempt Firefighter's.

This bill updates provisions regarding the collection and use of foreign fire insurance premium taxes by the Centerport Volunteer Exempt Firefighter's Benevolent Association. It modifies the eligibility criteria for membership in the association, ensuring that only active volunteer members of the Centerport Fire Department Company are eligible. The bill also specifies that the collected taxes can only be used by the association for its purposes, as outlined in the act. The changes will apply to taxes due on premiums received on or after January 1, 2027.

Updates provisions regarding the collection and use of foreign fire insurance premium taxes by the Centerport Volunteer Exempt Firefighter's.

This bill updates provisions regarding the collection and use of foreign fire insurance premium taxes by the Centerport Volunteer Exempt Firefighter's Benevolent Association. It modifies the eligibility criteria for membership in the association, ensuring that only active volunteer members of the Centerport Fire Department Company are eligible. The bill also specifies that the collected taxes can only be used by the association for its purposes, as outlined in the act. The changes will apply to taxes due on premiums received on or after January 1, 2027.