Mississippi Fire Departments Share $15M Insurance Tax Proceeds

Fire departments around Mississippi this week are receiving checks for their share of $15.3 million in state fire insurance rebate money.

For example, the departments in Lee County are sharing $438,573.

The money comes from a tax paid on fire insurance premiums. When annual tax collections surpass a certain amount set by state law, the remainder is distributed to fire departments around the state.

In June, state Insurance Commissioner Mike Chaney sent $7.6 million worth of checks to municipalities for their fire departments and $7.6 million to counties for their fire departments. Amounts are based on the fire protection districts’ populations.

Topics Mississippi