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.
                                                                   LBD02135-01-3

        S. 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.
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