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S3811Senate2019-2020 SessionSame asA5783

Split Fire Tax Funds

Official title

“Relates to the distribution of fire insurance premium taxes”

Sponsor Andrew GounardesSD-22+1 co-sponsorAffects Finance
Status
In Senate Committee
Insurance
Impact
5/10
Moderate
Passage
0%

Bill progress

Step 2 of 7

In committee · Insurance

What's happening

This bill reallocates fire insurance premium taxes, reducing funds for the Firemen's Home and giving 1% to support paid professional firefighters.

Why it matters

  1. Shifts funding priorities. by reducing the allocation of fire insurance premium tax revenue going to the Firemen’s Home (for retired and disabled volunteer firefighters) from 10% to 9%, signaling a redistribution of support among firefighter organizations.

  2. Directs new financial support (1%) to paid professional firefighters. via the New York State Professional Firefighters Association, aiming to promote the well-being of career (as opposed to volunteer) firefighters—this could address long-standing disparities in support between volunteer and professional firefighters.

  3. May impact services and advocacy. by providing professional firefighter organizations with additional resources for health, safety, training, and welfare initiatives, potentially influencing how these issues are addressed statewide.

  4. Alters the landscape of firefighter support funding. in New York, possibly prompting future debates or adjustments regarding the balance between supporting volunteer and paid fire service personnel.

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Who cares

Headline styles

Split Fire Tax Funds

Plain English, a few words. Used as the page title.

Sponsors

Primary sponsor
Andrew Gounardes

Senator · Senate District 22

Chair, Civil Service And Pensions

1 Co-sponsor

History

  1. Referred to insurance
  2. 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.

A5783Assembly

Share Fire Tax With Firefighters

In Assembly Committee · Insurance · Sponsor Peter Abbate

Impact 5 · Moderate0% to pass

Full text

2 pagesUnderlined is new[Struck] is removedOfficial text on nysenate.gov ↗

STATE OF NEW YORK

3811

2019-2020 Regular Sessions

IN SENATE

February 15, 2019

Introduced by Sen. GOUNARDES -- read twice and ordered printed, and when printed to be committed to the Committee on Insurance

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 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

EXPLANATION--Matter in italics (underscored) is new; matter in brackets

[ ] is old law to be omitted.

LBD06425-01-9

S. 3811 2

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, 2020.

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

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

Summary of provisions

Section one of this bill amends Insurance Law section 9105(d)(1). This amendment reallocates one percent of amount remaining after the Super- intendent deducts the expenses of collection and distribution from the amount that he or she received from the Fire Insurance Premium Tax pursuant to Insurance Law sections 9104 and 9105 to the New York State Professional Firefighters Association instead of the Fireman's Associ- ation of the State of New York. The Fireman's Association of the State of New York which would receive nine percent, instead of ten percent, of the remaining monies.

Section two of this bill provides that this act shall take effect imme- diately 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, 2020.

Current law

Insurance Law section 9105(d)(1) provides that 10 percent of the Fire Insurance Premium Taxes (less the cost of collection and distribution) received by the Superintendent will be paid to the Fireman's Association of the State of New York.

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.

Legislative history

2018: S.4543-A - Referred to Insurance 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, 2020.

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