Bill
Bill > A00172
NY A00172
NY A00172Relates 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
01/04/2023
01/04/2023
In Committee
01/03/2024
01/03/2024
Crossed Over
Passed
Dead
12/31/2024
12/31/2024
Introduced Session
2023-2024 General Assembly
Bill Summary
AN ACT to amend the insurance law, in relation to the distribution of the foreign and alien fire insurance premium tax
AI Summary
This bill amends the Insurance Law to change the distribution of the foreign and alien fire insurance premium tax. Previously, the amount received was distributed to the fire companies constituting the fire department. Now, the amount will be distributed to the fire companies in proportion to the number of active members within each company. An "active member" is defined as a member who participates in firefighting and is subject to call for whatever duties may be assigned under the rules and regulations of the fire department or company.
Committee Categories
Business and Industry
Sponsors (3)
Last Action
referred to insurance (on 01/03/2024)
Taxonomy
Banking, Finance, and Domestic Commerce
- ‐ Insurance Regulation
Law, Crime, and Family Issues
- ‐ Police, Fire, and Law Enforcement
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location | Created |
|---|---|---|
| State Bill Page | https://www.nysenate.gov/legislation/bills/2023/A172 | 01/03/2023 |
| BillText | https://assembly.state.ny.us/leg/?default_fld=&bn=A00172&term=2023&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#A00172 | 01/03/2023 |
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