SB1132: Relating to the disposition of the proceeds of impositions made upon foreign insurers.

Legislative Summary

Tells one state agency to give moneys it gets from taxes on insurers to another state agency to help fight wild fires. (Flesch Readability Score: 61.4). Requires the Director of the Department of Consumer and Business Services to transfer the proceeds of certain taxes, fees, fines, penalties and other monetary obligations the director imposes upon out-of-state insurers and insurance producers to the State Forestry Department for deposit into the State Forestry Department Account. Requires the State Forester to use the proceeds to fund wildfire prevention and suppression.