Who is responsible for determining how broker premium taxes are distributed?

The county treasurer plays a crucial role in the distribution of broker premium taxes. When premiums are collected by brokers, these funds need to be allocated correctly in accordance with state regulations and local ordinances. The county treasurer is responsible for overseeing the financial management of these tax collections at the local level, including distributing the taxes to the appropriate governmental entities or funds.

This responsibility is part of the broader framework of tax administration where local officials ensure that the funds are utilized effectively within their jurisdictions, which may include funding for public services and infrastructure. In this case, the county treasurer's role is fundamental to ensuring compliance with the relevant laws governing tax distribution.

While the other entities, such as insurance companies and the department of insurance, have important functions regarding regulation and compliance, they do not directly manage the allocation of these premium taxes. Similarly, the state legislature establishes laws and policies but does not handle the specific administration of tax distribution on a day-to-day basis.