Bill > S05306

This bill modifies how foreign and alien fire insurance premium tax revenue is distributed to fire companies within a fire department. Currently, when such payments are made to a fire department's treasurer or fiscal officer, those funds are distributed to fire companies within that department. The bill now requires that, beginning with the effective date of this law in 2025, these funds must be distributed proportionally based on the number of active members in each fire company. The bill specifically defines an "active member" as a firefighter who participates in firefighting and is subject to call for duties assigned under the fire department or company's rules and regulations. This change applies to distributions made both in March and July of each year, ensuring a more equitable allocation of funds that reflects the current membership and active participation levels within individual fire companies. The bill amends sections 9104 and 9105 of the insurance law and takes effect immediately upon passage.

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https://www.nysenate.gov/legislation/bills/2025/S5306