Bill > S07888

This bill amends Chapter 521 of the 2001 laws to modify how foreign fire insurance premium taxes can be used by the Ridge Volunteer Exempt Firefighter's Benevolent Association. Currently, these taxes are restricted to care and relief of disabled or indigent volunteer and exempt firefighters and their families. The bill changes this restriction, allowing the association to use these taxes more broadly "in furtherance of its purposes" as outlined in section three of the original act. The taxes are collected on premiums for fire insurance covering property in the Ridge fire district in the Town of Brookhaven, Suffolk County. The bill specifies that these changes will apply to taxes due on premiums received on or after January 1, 2026, and will take effect immediately upon passage. This modification provides the firefighter's association with more flexibility in how they can utilize the foreign fire insurance premium taxes, potentially expanding their ability to support their organizational goals beyond the current narrow focus on disabled or indigent firefighters and their families.

Government Affairs

https://www.nysenate.gov/legislation/bills/2025/S7888