Gov. Sam Brownback is proposing that Kansas create a special fund to help cover the costs of recovering from natural disasters.
The measure is part of the budget Brownback has outlined for the fiscal year beginning July 1, 2012. He wants the state to set aside $12 million for disaster relief.
The money would come from taxes that insurance companies already pay on the value of the premiums they charge in Kansas. The state expects to collect $139 million in premium taxes during the next fiscal year.
Brownback’s budget notes that Kansas incurred nearly $109 million in costs from winter storms, flooding and tornadoes over the past five years. That figure doesn’t include either federal or local governments’ expenses.
Topics Kansas
Was this article valuable?
Here are more articles you may enjoy.
Viewpoint: Why Brokers Have Little to Fear and Everything to Gain From AI
Mustard Maker Caught Pumping Pollutants Into River for Years and Lying About It
Electric Bills in Coal Country West Virginia Now Top Mortgage Payments
Toilet Paper Warehouse in California Destroyed by Fire; Employee Arrested 

