AN ACT RELATING TO STATE AFFAIRS AND GOVERNMENT -- RHODE ISLAND FIRE SERVICES TRAINING FUND ACT

SB 2020 creates the Rhode Island Fire Services Training Fund within the Department of Public Safety to support statewide fire service training. It requires all property and casualty insurance companies in Rhode Island to pay a 0.25% annual assessment on the prior year’s premiums for specific policies (like homeowners, commercial property, and inland marine insurance), starting January 1, 2028. The fund will directly support the Rhode Island Fire Academy, recruit training, hazardous materials programs, equipment, and municipal training grants, with unspent funds remaining in the dedicated fund. The assessment is separate from other fees and cannot be passed to policyholders as a surcharge.