NY State Senate Bill 2009-S5240

Senate Bill S5240

2009-2010 Legislative Session

Provides for a certain percentage of fire insurance premium taxes shall be paid for promotion and support of paid professional firefighters in New York state

download bill text pdf

Archive: Last Bill Status - In Senate Committee Insurance Committee

Introduced
- In Committee Assembly
- In Committee Senate
- On Floor Calendar Assembly
- On Floor Calendar Senate
- Passed Assembly
- Passed Senate
Delivered to Governor
Signed By Governor

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Actions

View Actions

	Assembly Actions - Lowercase Senate Actions - UPPERCASE
Jan 06, 2010	referred to insurance
Apr 27, 2009	referred to insurance

2009-S5240 (ACTIVE) - Details

See Assembly Version of this Bill:: A6006
Current Committee:: Senate Insurance
Law Section:: Insurance Law
Laws Affected:: Amd §9105, Ins L

2009-S5240 (ACTIVE) - Summary

Provides for a certain percentage of fire insurance premium taxes shall be paid for promotion and support of paid professional firefighters in New York state.

2009-S5240 (ACTIVE) - Sponsor Memo

                                 BILL NUMBER:  S5240

 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 would include the New
York State Professional Fire Fighters Association in the distribution
of certain fire insurance premium taxes collected by the
Superintendent of Insurance

 SUMMARY OF SPECIFIC PROVISIONS :  Amends paragraph 1 of subdivision d
of section 1905 of the Insurance Law to permit a distribution of five
percent of certain fire insurance premium taxes collected by the
Superintendent of Insurance to the New York State Professional Fire
Fighters

 JUSTIFICATION : A majority of the monies collected by the
Superintendent of Insurance that represents fire insurance premium
taxes is distributed to paid and volunteer fire companies. However,
the present law required that ten percent of those monies be
distributed to the umbrella organization (Firemen's Association of New
York) for volunteer fire fighters. No similar distribution is made to
the umbrella organization (New York State Professional Fire Fighters
Association) for paid, professional fire fighters. The New York State
Professional Fire Fighters Association represents over 25,000 paid
fire fighters in 103 locals in various towns, cities and villages

throughout New York State. The main purpose of this organization is to
protect and enhance the working conditions and benefits for paid,
professional fire fighters. Accordingly, it is only fair and equitable
that the New York State Professional Fire Fighters Association share
in the monies previously distributed exclusively to the Firemen's
Association of New York.

 PRIOR LEGISLATIVE HISTORY :
2008 Session: No Senate introduction
2007 Session: No Senate introduction
2006 Session: S.4595 - referred to Insurance
2005 Session: S.4695 - new bill - referred to Insurance

 FISCAL IMPLICATIONS : None

 EFFECTIVE  DATE :  This  act  shall take effect immediately and shall
apply to all  monies  received  by  the  superintendent  of  insurance
pursuant  to  section  9105 of the insurance law on or before April 1,
2009.

2009-S5240 (ACTIVE) - Bill Text download pdf

                            
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                  5240

                       2009-2010 Regular Sessions

                            I N  S E N A T E

                             April 27, 2009
                               ___________

Introduced  by  Sen.  SAVINO -- 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 ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section 1. Paragraph 1 of subsection (d) of section 9105 of the insur-
ance 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] FIVE 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 FIVE PERCENT OF  SUCH  REMAINING  MONIES  RECEIVED
UNDER  THIS SECTION SHALL BE PAID TO THE TREASURER OF THE NEW YORK STATE
PROFESSIONAL FIRE FIGHTERS ASSOCIATION TO PROMOTE, SUPPORT AND  MAINTAIN
THE  WELL-BEING  OF PAID PROFESSIONAL FIREFIGHTERS EMPLOYED IN THE STATE
OF NEW YORK, the balance shall be paid as  specified  in  paragraph  two
hereof, 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  afforded  fire

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD09526-01-9

S. 5240                             2

protection  by  a fire department or fire company and upon which the tax
provided in this section has been paid.
  S  2.  This  act  shall take effect immediately and shall apply to all
monies received by the superintendent of insurance pursuant  to  section
9105  of  the  insurance law commencing with those monies received on or
before April 1, 2009.

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