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S7033Senate2015-2016 SessionSame asA9432

Relates to the distribution of fire insurance premium taxes

Sponsor Martin J. GoldenSD-22Affects Finance
Status
In Senate Committee
Insurance
Impact
Pending
Passage
Pending

Bill progress

Step 2 of 7

In committee · Insurance

What's happening

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Who cares

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Sponsors

Primary sponsor
Martin J. Golden

Senator · Senate District 22

Chair, Civil Service And Pensions

No co-sponsors yet.

History

  1. Referred to insurance

Companion bill

The same bill in the other chamber. A bill becomes law when one version passes both houses and the governor signs it, so either number can carry it.

A9432Assembly

Relates to the distribution of fire insurance premium taxes

In Assembly Committee · Insurance · Sponsor Peter Abbate

Full text

The text isn't available here yet. Check nysenate.gov.

Sponsor's memo

Title of bill

An act to amend the insurance law, in relation to the distribution of fire insurance premium taxes

Purpose or general idea of bill

This bill provides funds for the New York State Professional Firefighter's Association to promote, support and maintain the well-being of paid professional firefighters.

Summary of specific provisions

Section one: amends paragraph 1 of subsection (d) of section 9105 of the insurance law. This bill reallocates one percent of remaining monies received under the provisions of section 9105 to the New York State Professional Firefighters Association instead of the Fireman's Association of the State of New York, which would receive nine percent instead of ten percent.

Section two: effective date.

Justification

The Fireman's Association trains and educates firefighters, the Professional Firefighters Association is a representative organization of the common interests of firefighters from across the state. Both the Fireman's Association and the Professional Firefighters Association serve important yet distinct purposes. This bill provides funds for the Professional Firefighters Association to ensure that firefighters are not just educated and trained, but that their workplace is safe and efficient.

Prior legislative history

New bill.

Effective date

This act shall take effect immediately and shall apply to all monies received by the superintendent of financial services pursuant to section 9105 of the insurance law starting with monies received on or before April 1, 2016.

Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.