The bill aims to amend existing laws related to claims for fire services in Arkansas by updating the schedule of equipment rates utilized in these claims. Specifically, it modifies Arkansas Code 14-53-102(b)(1)(C)(iii) and Arkansas Code 20-22-901(b)(2)(C)(iii) to specify that the board shall use the Schedule of Equipment Rates published by the Federal Emergency Management Agency (FEMA) of the United States Department of Homeland Security, removing the previous stipulation that these rates were to be based on the version in effect as of January 1, 2013.

By eliminating the reference to the specific date, the bill allows for the adoption of the most current equipment rates published by FEMA, ensuring that fire service claims are based on up-to-date and relevant financial standards. This change is intended to enhance the efficiency and effectiveness of fire service claims processing in the state.

Statutes affected:
HB 1414: 14-53-102(b), 20-22-901(b)