Bill > HB199

This bill amends Title 18 of the Delaware Code to clarify how insurance premium tax distributions will be handled when fire companies or departments merge or consolidate in New Castle, Kent, and Sussex Counties. Specifically, the bill ensures that if two or more fire companies or departments in a county merge or consolidate after the effective date of the Act, the newly formed fire company or department will continue to receive the same total allocation of insurance premium tax revenues that the original separate companies would have received. This means that mergers or consolidations will not result in a reduction of funding for fire services. The bill applies to fire companies in each Delaware county outside of Wilmington, preserving their existing funding levels even as they potentially streamline or combine operations. The changes are designed to provide financial stability and flexibility for local fire departments while maintaining their current level of financial support from insurance premium tax revenues.

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https://legis.delaware.gov/BillDetail?LegislationId=142418