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Bill > S00500


NY S00500

NY S00500
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.


summary

Introduced
01/06/2021
In Committee
01/05/2022
Crossed Over
Passed
Dead
12/31/2022

Introduced Session

2021-2022 General Assembly

Bill Summary

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.

AI Summary

This bill amends the Insurance Law to change the distribution of the foreign and alien fire insurance premium tax. Beginning on the effective date of this law, the amount received from the tax shall be distributed to the fire companies in proportion to the number of active members within each company. The term "active member" is defined as a member who participates in firefighting and is subject to call for duties assigned under the rules and regulations of the fire department or company.

Committee Categories

Business and Industry

Sponsors (1)

Last Action

REFERRED TO INSURANCE (on 01/05/2022)

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