9-952. Disposition of fire insurance premium
tax
Not later than July 1, the state treasurer, using the information provided by the
cities and towns and legally organized fire districts, the state fire marshal, the
department of insurance and the department of revenue as provided in section 9-951,
subsection B, shall distribute the fire insurance premium tax to the respective
incorporated cities and towns and legally organized fire districts in proportion to the
full cash value of the real property and improvements in each incorporated city and town
and legally organized fire district which procures the services of a private fire company
and in each area served by a department or legally organized fire district. The warrant
issued by the state treasurer to incorporated cities and towns and legally organized fire
districts having organized fire departments and to legally organized fire districts shall
be identified as "fire fighters' relief and pension fund". The warrant issued by the
state treasurer to an incorporated city or town or legally organized fire district
procuring the services of a private fire company which has a pension plan covering fire
fighting personnel shall be identified for deposit in the municipality's general fund or,
in the case of a fire district, in the fire fighters' relief and pension fund.
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