This bill modifies provisions related to funding for public safety employees.
This bill:
- changes the amount of revenue transferred to the Utah State Retirement Office (office) from the insurance premiums tax and used to pay for certain firefighter retirement programs;
- clarifies and amends the purposes for which the office must use the revenue;
- directs the office to inform the Executive Appropriations Committee when the Legislature can further reduce the amount of insurance premiums tax revenue the office receives;
- provides that the Division of Finance will annually transfer a specified amount of insurance premiums tax revenue into the Motor Vehicle Safety Impact Restricted Account to be used to hire new Highway Patrol troopers;
- provides that the Legislature may appropriate additional money from the Transportation Fund to the Department of Public Safety for the purpose of hiring new Highway Patrol troopers;
- repeals obsolete language; and
- makes technical and conforming changes.

Statutes affected:
Introduced: 49-11-901.5, 53-8-214, 59-9-101, 72-2-103