Fire and building services fund
Sec. 1. (a) The fire and building services fund is established for
the purpose of defraying the personal services, other operating
expense, and capital outlay of the following:
(1) The department of fire and building services.
(2) The education board and the rules board.
(3) The commission.
(b) The fund shall be administered by the department. Money
collected for deposit in the fund shall be deposited at least monthly
with the treasurer of state.
(c) The treasurer of state shall deposit the following collected
amounts in the fund:
(1) Fire insurance policy premium taxes assessed under section
5 of this chapter.
(2) Except as provided in section 6(d) of this chapter, all fees
collected under this chapter.
(3) Any money not otherwise described in this subsection but
collected by the office of the state fire marshal or by the office
of the state building commissioner.
(4) Any money not otherwise described in this subsection but
collected by the department, commission, education board, or
rules board and designated for distribution to the fund by statute
or the executive director of the department.
(d) The treasurer of state shall invest the money in the fund not
currently needed to meet the obligations of the fund in the same
manner as other public funds may be invested.
(e) Money in the fund at the end of a fiscal year does not revert to
the state general fund.
As added by P.L.245-1987, SEC.1. Amended by P.L.38-1990, SEC.2.
Last modified: May 27, 2006