Bill Text: NY S03404 | 2023-2024 | General Assembly | Introduced
Bill Title: Relates to the distribution of the foreign and alien fire insurance premium tax; provides amount received shall be distributed to the fire companies in proportion to the number of active members within each company.
Spectrum: Partisan Bill (Democrat 2-0)
Status: (Introduced) 2024-01-03 - REFERRED TO INSURANCE [S03404 Detail]
Download: New_York-2023-S03404-Introduced.html
STATE OF NEW YORK ________________________________________________________________________ 3404 2023-2024 Regular Sessions IN SENATE January 31, 2023 ___________ Introduced by Sen. BRESLIN -- read twice and ordered printed, and when printed to be committed to the Committee on Insurance AN ACT to amend the insurance law, in relation to the distribution of the foreign and alien fire insurance premium tax The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Paragraph 4 of subsection (a) of section 9104 of the insur- 2 ance law, as amended by chapter 293 of the laws of 1988, is amended to 3 read as follows: 4 (4) if such payment is made to the treasurer or other fiscal officer 5 of a fire department or fiscal officer of authorities having jurisdic- 6 tion and control of such fire department, such treasurer or fiscal offi- 7 cer shall on or before the fifteenth day of March in each year distrib- 8 ute the amount so received to the fire companies constituting the fire 9 department if such fire department is constituted of more than one fire 10 company. Beginning on the effective date of the chapter of the laws of 11 two thousand twenty-three which amended this paragraph, the amount so 12 received shall be distributed to the fire companies in proportion to the 13 number of active members within each company. For the purposes of this 14 paragraph, the term "active member" shall mean a member who participates 15 in firefighting and is subject to call for whatever duties may be 16 assigned to him or her under the rules and regulations of the fire 17 department or company of which he or she is a member. 18 § 2. Subparagraph (E) of paragraph 2 of subsection (d) of section 9105 19 of the insurance law, as amended by chapter 293 of the laws of 1988, is 20 amended to read as follows: 21 (E) if such payment is received by the treasurer or other fiscal offi- 22 cer of a fire department or fiscal officer of authorities having juris- 23 diction and control of such fire department, such treasurer or fiscal 24 officer shall on or before the fifteenth day of July in each year 25 distribute the amount so received to the fire companies constituting the EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD02135-01-3S. 3404 2 1 fire department if such fire department is constituted of more than one 2 fire company. Beginning on the effective date of the chapter of the laws 3 of two thousand twenty-three which amended this subparagraph, the amount 4 so received shall be distributed to the fire companies in proportion to 5 the number of active members within each company. For the purposes of 6 this subparagraph, the term "active member" shall mean a member who 7 participates in firefighting and is subject to call for whatever duties 8 may be assigned to him or her under the rules and regulations of the 9 fire department or company of which he or she is a member. 10 § 3. This act shall take effect immediately.