• 2025.10.23 (Thu)
  • All articles
  • LOGIN
  • JOIN
Global Economic Times
APEC2025KOREA가이드북
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life
  • Lee Yeon-sil Column
  • Ko Yong-chul Column
  • Photo News
  • New Book Guide
  • Cherry Garden Story
MENU
 
Home > Synthesis

South Korea Secures Stable Funding for Fire Departments

KO YONG-CHUL Reporter / Updated : 2024-12-27 13:29:06
  • -
  • +
  • Print


Seoul, South Korea – The National Fire Agency on [date] announced that the passage of the amended Local Allocation Tax Act has solidified a stable funding source for local fire departments.

For the past decade, the Fire Safety Subsidy Tax has been instrumental in modernizing aging firefighting equipment and facilities across the country. The tax has ensured a more equitable distribution of fire services nationwide. While the current funding arrangement was set to expire at the end of this year, the recent legislative changes have extended this vital support.

Numerous bills had been introduced in the National Assembly over the years, proposing to enshrine the allocation ratio of the Fire Safety Subsidy Tax into law, thereby safeguarding the financial stability of fire departments. Following bipartisan agreement, the amended act was passed on [date].

Originally introduced in 2015, the Fire Safety Subsidy Tax was established to address the high incidence of fires caused by discarded cigarette butts (accounting for 22% of all fires). The tax was funded by a portion of the increased tobacco excise tax.

With the nationalization of firefighting services in April 2020, the allocation rate was increased from 20% to 45% to cover the salaries of the newly recruited 20,000 firefighters. Despite consistent investments of at least 75% of the funds into firefighting initiatives since 2014, the sunset clause in the current decree necessitated repeated extensions.

The amended act introduces new provisions to Articles 9-4(1)(1) and (2) of the Local Allocation Tax Act, mandating that at least 40% of the Fire Safety Subsidy Tax be allocated to firefighting personnel and operations, and no more than 5% to general safety measures.

"The passage of this amended act eliminates the recurring disputes over the allocation ratio that have arisen with each sunset clause," said Bae Deok-gon, Planning and Coordination Officer at the National Fire Agency. "This will allow us to focus on enhancing firefighting capabilities through investments in cutting-edge equipment and improved working conditions for our firefighters."

[Copyright (c) Global Economic Times. All Rights Reserved.]

  • #globaleconomictimes
  • #koyongchul
  • #cherrylee
  • #seoulkorea
  • #periodicoeconomico
  • #글로벌이코노믹타임즈
  • #GET
  • #GETtv
  • #liderdel
KO YONG-CHUL Reporter
KO YONG-CHUL Reporter
Reporter Page

Popular articles

  • The Imminent Reality: Donald Trump's Unlikelihood for the Nobel Peace Prize as a Destroyer of International Order

  • "Trump's Delusion for the Nobel Peace Prize: The Award He Deserves is 'The NO PEACE Prize'"

  • McDonald's 'Subtle Racism' Controversy: Korean American Denied Order After 70-Minute Wait

I like it
Share
  • Facebook
  • X
  • Kakaotalk
  • LINE
  • BAND
  • NAVER
  • https://globaleconomictimes.kr/article/1065587256901936 Copy URL copied.
Comments >

Comments 0

Weekly Hot Issue

  • LG Electronics Launches 'ThinQ ON' AI Home Hub to Lead Smart Home Market
  • Supersonic 'Hyperloop' Poised to Shrink South Korea, Cutting Seoul-Busan Trip to 20 Minutes
  • Traffic Congestion Levy Stifles Support for Small Businesses
  • S. Korea Ramps Up Cybersecurity with Sweeping Measures
  • Gmarket Challenges E-Commerce Leaders Coupang and Naver with 700 Billion Won Investment and Alibaba Synergy
  • Arc Flash Horror: Uncertified Adapter Blamed for Fiery Tesla Charging Explosion in Canada

Most Viewed

1
Renewable Energy Covers 100% of Global Electricity Demand Growth in H1 2025, Marking a Turning Point in the Fossil Fuel Era
2
Early Winter Chill Grips South Korea as Seoraksan Sees First Snow
3
McDonald's 'Subtle Racism' Controversy: Korean American Denied Order After 70-Minute Wait
4
A Chemical Revolution, the Era of Metal-Organic Frameworks (MOFs) Begins: 2025 Nobel Prize in Chemistry
5
The Gate to the Macroscopic World Opened by Quantum Physics: John Clarke, Michel Devoret, and John Martinis Awarded the 2025 Nobel Prize in Physics
광고문의
임시1
임시3
임시2

Hot Issue

Chinese Researchers Unveil Ultra-Fast Analog Chip, Targeting 1,000x Nvidia Speed

Melody in the OR: Parkinson's Patient Plays Clarinet During Brain Surgery

South Korean Chip Titans Clash Over Next-Gen HBM4 Memory

South Korea to Launch Government-Led AI Certification to Combat Market Confusion

Let’s recycle the old blankets in Jeju Island’s closet instead of incinerating them.

Global Economic Times
korocamia@naver.com
CEO : LEE YEON-SIL
Publisher : KO YONG-CHUL
Registration number : Seoul, A55681
Registration Date : 2024-10-24
Youth Protection Manager: KO YONG-CHUL
Singapore Headquarters
5A Woodlands Road #11-34 The Tennery. S'677728
Korean Branch
Phone : +82(0)10 4724 5264
#304, 6 Nonhyeon-ro 111-gil, Gangnam-gu, Seoul
Copyright © Global Economic Times All Rights Reserved
  • 에이펙2025
  • APEC2025가이드북TV
  • 세종시
Search
Category
  • All articles
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life
  • Lee Yeon-sil Column
  • Ko Yong-chul Column
  • Photo News
  • New Book Guide
  • Cherry Garden Story
  • Multicultural News
  • Jobs & Workers
  • APEC 2025 KOREA GUIDE