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Bill > HB489


VA HB489

Fire Programs Fund; increases annual assessment used to fund.


summary

Introduced
01/08/2024
In Committee
02/26/2024
Crossed Over
02/12/2024
Passed
Dead
04/11/2024

Introduced Session

2024 Regular Session

Bill Summary

Insurance; Fire Programs Fund; purposes. Provides that the portion of the Fire Programs Fund allocated to localities may be used for the additional purposes of (i) constructing, improving, or expanding fire station facilities, (ii) providing mental health resources, or (iii) hiring additional fire personnel and funding recruitment and retention programs. The bill also prohibits such funds from being used, except as provided, for the purposes of investments, operating expenses, debt repayment, taxes, or fees.

AI Summary

This bill amends the existing Fire Programs Fund in Virginia. The key provisions are: 1. It expands the permissible uses of the portion of the Fire Programs Fund allocated to localities to include constructing, improving, or expanding fire station facilities, providing mental health resources, and hiring additional fire personnel and funding recruitment and retention programs. 2. It prohibits the use of these funds for investments, operating expenses, debt repayment, taxes, or fees, except as provided. 3. It maintains the existing uses of the Fund, such as training firefighters, funding fire prevention and public safety education programs, and purchasing equipment and supplies for fire service purposes. The Fire Programs Fund is a special non-reverting fund in the state treasury that is administered by the Department of Fire Programs and funded through an annual assessment on insurance companies doing business in Virginia.

Committee Categories

Budget and Finance, Business and Industry, Justice

Sponsors (1)

Last Action

Continued to 2025 in Finance and Appropriations (10-Y 4-N) (on 02/29/2024)

bill text


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bill summary

Document Type Source Location
State Bill Page https://lis.virginia.gov/cgi-bin/legp604.exe?241+sum+HB489
Fiscal Note/Analysis - House: Committee substitute printed 24107326D-H1 https://lis.virginia.gov/cgi-bin/legp604.exe?241+oth+HB489FH1171+PDF
Substitute for HB489 Labor and Commerce, Subcommittee #1 https://committees.lis.virginia.gov/pdfs/24107326D.pdf
BillText https://lis.virginia.gov/cgi-bin/legp604.exe?241+ful+HB489H1+hil
Substitute for HB489 Labor and Commerce, Subcommittee #1 https://committees.lis.virginia.gov/pdfs/drafts/24106518D.pdf
Fiscal Note/Analysis - House: Prefiled and ordered printed; offe https://lis.virginia.gov/cgi-bin/legp604.exe?241+oth+HB489F171+PDF
BillText https://lis.virginia.gov/cgi-bin/legp604.exe?241+ful+HB489+hil
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