1. To establish the Firefighters Relief Fund, a tax of 2 percent of premiums on all fire and lightning insurance written in Kansas is assessed on all companies licensed to write this insurance. The procedure for obtaining and distributing this tax is as follows:
(A) The insurance companies submit a Firefighters Relief Fund tax premiums on all fire and lightning insurance written in Kansas is assessed on all companies licensed to write this insurance. The procedure for obtaining and distributing this tax is as follows:
(A) The insurance companies submit a Firefighters Relief Fund tax statement to the Insurance Conrmissioner wherein they report the exact amount of fire and lightning premiums written in this state during the past year.
(B) The Commissioner of Insurance
(1) Collects the tax from the companies.
(2) Deducts 3 percent from the total tax collected and pays this amount to the Kansas State Firefighters Association, Inc., for fire prevention and fire extinguishment education and study.
(3) Deducts 5 percent from the total tax collected and pays this amount to the Kansas State Firefighters Association, Inc., to be set aside as a death benefit fund. This amount, however, may not be more than the lesser of $100,000 or the result obtained by subtracting the balance in the death benefit fund on July 1 from $100,000.
(4) Deducts an amount equal to the administrative expense that has been approved by the legislature for the Insurance Department's administration of the fund.
(5) Distributes the remainder of the tax to the participating Firefighters Relief Associations as long as they submit proper annual reports to the commissioner. (a) Each qualifying Firefighters Relief Association receives a base amount of $1,000. (b) The remaining balance of the fund is distributed to those associations which participated in the tax collected in 1983, and distributed in 1984. Those associations receive an amount equal to the percentage of the total they received in 1984. Those associations that did not participate in the 1984 distribution receive an amount calculated on a formula using the population and assessed tangible property valuation figures furnished this office by those nonreceiving associations. (c) The distribution of this tax is made on August 1 of each year.