(a) If the annual funding requirements of fire or police relief associations or consolidation accounts under sections 424A.091 to 424A.095, or Laws 2013, chapter 111, article 5, sections 31 to 42, exceed all applicable revenue sources of a given year, including the insurance premium taxes funding the applicable fire or police state aid as set under section 297I.05, subdivisions 2, 3, and 4, the shortfall in the annual funding requirements must be paid from the general fund to the extent appropriated by the legislature.
(b) Nothing in this section may be deemed to relieve any municipality from its obligation to a relief association or consolidation account under law.
History: 2000 c 461 art 15 s 2; 2003 c 2 art 1 s 10; 2013 c 111 art 5 s 23,80; 2014 c 275 art 2 s 3; 1Sp2019 c 6 art 19 s 7
NOTE: This section is repealed by Laws 2019, First Special Session chapter 6, article 19, section 7, effective for aids payable in 2020 and thereafter. Laws 2019, First Special Session chapter 6, article 19, section 7, the effective date.