HB1110

House Bill 1110 seeks to streamline the administrative processes for distributing state insurance premium tax revenues to local police and fire relief and pension funds. The bill removes specific, outdated mapping requirements for defining the boundaries of cities, towns, and fire protection districts used to determine these allocations. It clarifies the requirements for the actuary responsible for calculating the distribution of premium tax revenues to these entities. Furthermore, the bill repeals provisions related to the use of tax revenues for administrative costs associated with evaluating population information for unqualified fire protection districts. The primary goal is to simplify and update the statutory framework governing how these pension funds receive state-allocated financial support.