Bill > A08525

This bill modifies how foreign fire insurance premium taxes can be used by the Ridge volunteer exempt firefighter's benevolent association in Suffolk County, New York. Currently, these taxes are restricted to caring for disabled or indigent volunteer firefighters and their families. The bill would change this restriction, allowing the organization to use these taxes more broadly "in furtherance of its purposes" as outlined in the original establishing legislation. The tax collection process remains the same, with the association collecting taxes on fire insurance premiums for properties within the Ridge fire district. The changes to the tax usage will take effect for premiums received on or after January 1, 2026, providing the organization with more flexibility in how it can deploy these funds while maintaining its core mission of supporting firefighters and fire protection services in the community.

Budget and Finance, Government Affairs

https://www.nysenate.gov/legislation/bills/2025/A8525