(1) As used in this section:
(a) "Account" means the Fire Prevention Support Account created in Subsection (2).
(b) "Property insurance premium" means premium paid as consideration for property insurance as defined in Section 31A-1-301.
(2)
(a) To provide a funding source for the general operation of the division, there is created in the General Fund a restricted account known as the Fire Prevention Support Account.
(b) The following revenue shall be deposited in the account to implement this section:
(i) the percentage specified in Subsection (3) of the annual tax for each year that is levied, assessed, and collected under Title 59, Chapter 9, Taxation of Admitted Insurers, upon property insurance premiums and as applied to fire and allied lines insurance collected by insurance companies within the state;
(ii) the percentage specified in Subsection (4) of all money assessed and collected upon life insurance premiums within the state;
(iii) appropriations made by the Legislature; and
(iv) money collected from civil penalties in accordance with Section 53-7-504.
(3) The percentage of the tax specified in Subsection (2)(b)(i) to be deposited in the account each fiscal year is 25%.
(4) The percentage of the money specified in Subsection (2)(b)(ii) to be deposited in the account each fiscal year is 5%.