What's happening
This bill reallocates fire insurance premium tax funds, giving 1% to the New York State Professional Firefighters Association for supporting paid firefighters.
Why it matters
Directs a new portion (1%) of state-collected fire insurance premium taxes to support paid professional firefighters. , which may provide the New York State Professional Firefighters Association with resources for advocacy, training, mental health, and member well-being programs.
Reduces the share of funds allocated to the Firemen's Association of the State of New York (FASNY) from 10% to 9%,. which could impact the funding available for the Firemen’s Home in Hudson, NY, potentially altering resources for retired or disabled volunteer firefighters.
Explicitly distinguishes between support for volunteer and paid firefighter organizations in the state’s funding structure,. signaling increased recognition of the needs of professional (paid) firefighters alongside traditional support for volunteers.
May set a precedent for future funding allocations and policy discussions around firefighter support in New York,. potentially influencing how the state balances resources between volunteer and professional fire service organizations.
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Who cares
Headline styles
Change Fire Tax Distribution
Plain English, a few words. Used as the page title.
Sponsors
No co-sponsors yet.
History
- Print number 4543a
- Amend and recommit to insurance
- Referred to insurance
- 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.
Change Fire Tax Distribution
In Assembly Committee · Insurance · Sponsor Peter Abbate
Full text
2 pagesUnderlined is new[Struck] is removedOfficial text on nysenate.gov ↗
STATE OF NEW YORK
4543--A
2017-2018 Regular Sessions
IN SENATE
February 17, 2017
Introduced by Sen. GOLDEN -- read twice and ordered printed, and when printed to be committed to the Committee on Insurance -- recommitted to the Committee on Insurance in accordance with Senate Rule 6, sec. 8 -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee
AN ACT to amend the insurance law, in relation to the distribution of fire insurance premium taxes
The People of the State of New York, represented in Senate and Assembly, do enact as follows:
Section 1. Paragraph 1 of subsection (d) of section 9105 of the insurance law, as amended by chapter 293 of the laws of 1988, is amended to read as follows:
(1) The amount of all monies which were received by the superintendent on or before the first day of April in each year under the provisions of this section or section nine thousand one hundred four of this article shall be distributed by him or her not later than the first day of July in such year, after adding any earnings resulting from the investment of such monies and deducting the expenses of collection and distribution. [Ten] Nine percent of such remaining monies received under this section shall be paid to the treasurer of the Firemen's Association of the State of New York for the support and maintenance of the firemen's home at Hudson, New York, and one percent of such remaining monies received under this section shall be paid to the treasurer of the New York State Professional Firefighters Association to promote, support and maintain the well-being of paid professional firefighters employed in the state of New York, and the balance shall be paid as specified in paragraph two [hereof] of this subsection, in amounts which will be that proportion of the balance so to be distributed which the total amount of fire insurance business written by foreign mutual fire insurance companies on property situated in such locality bears to the total amount of fire insurance business written by foreign mutual fire insurance companies on
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD08115-03-8
S. 4543--A 2
property situated in any and all of the protected localities in the state having treasurers or other fiscal officers as designated in paragraph two [hereof] of this subsection afforded fire protection by a fire department or fire company and upon which the tax provided in this section has been paid.
§ 2. 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 commencing with those monies received on or after April 1, 2019.
Reflowed for reading: line numbers and page breaks removed. Cite the official text.
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 Firefight- ers Association to promote, support and maintain the well-being of paid professional firefighters.
Summary of 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 Associ- ation of the State of New York, which would receive nine percent instead of ten percent.
Section two provides that 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 after April 1, 2019.
Justification
The Fireman's Association trains and educates firefighters; the Profes- sional Firefighters Association is a representative organization of the common interests of firefighters from across the state. Both the Fire- man'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
2017: S.4543 - Referred to Insurance 2016: S.7033 - Referred to Insurance
Fiscal implications
None to the State
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 after April 1, 2019
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.