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The Florida Senate

1997 Florida Statutes

175.122  Limitation of disbursement.--Any municipality or special fire control district participating in the firefighters' pension trust fund pursuant to the provisions of this chapter shall be limited to receiving any moneys from such fund in excess of that produced by one-half of the excise tax, as provided for in s. 175.101; however, any such municipality or special fire control district receiving less than 6 percent of its fire department payroll from such fund shall be entitled to receive from such fund the amount determined under s. 175.121, in excess of one-half of the excise tax, not to exceed 6 percent of its fire department payroll.

History.--s. 1, ch. 67-217; s. 7, ch. 81-168; s. 22, ch. 93-193.